New ‘crypto enemy’ may never emerge after Gensler withdraws from SEC, Ripple CTO says
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David Schwartz, CTO at Ripple, took to his official X account to address the topic Gary Gensler is stepping down From the position of Chairman of the Supreme Education Council.
Gary Gensler is stepping down, Ripple’s CTO reacts
After posting a tweet urging the cryptocurrency community to stop attacking each other and be friendly for change, one commenter wondered who the “enemy of crypto” is now that the former SEC chairman announced his resignation. “Gary just walked in, we already won,” he declared.
Schwartz responded that if there is a “new enemy of crypto,” the community doesn’t know who it is yet — “I don’t think we know now.” However, Schwartz posited that perhaps a major cryptocurrency critic like Gensler will not emerge when he takes over as SEC chairman.
Ripple CLO celebrates Gensler’s last day in office
On Friday, Stuart Alderotti, Ripple’s chief legal officer, tweeted that this is Gary Gensler’s last full day as SEC chairman.
The CLO assumed that in the future the cryptocurrency community will gradually forget who he is and what he did with Ripple and the cryptocurrency space in general during his four-year stay in the office. “Starting tomorrow, ‘Gary who?'” would be the only appropriate response if someone mentioned his name,” Alderotti tweeted.
This tweet came out on Friday, and three hours earlier, David Schwartz commented on it, posting a quote from Bill Murray’s character Dr. Peter Venkman in the 1984 movie Ghostbusters: “I’m going to miss him.”
Schwartz reveals the truth about XRP 2018 ATH
As U.Today reported, earlier this week, David Schwartz revealed an interesting fact about the all-time high of $3.84 that XRP hit in January 2018. Ripple’s CTO tweeted that it wasn’t quite ATH, though Although it has been widely reported. As one.
He explained that this high price on South Korean exchanges was reached thanks to the so-called “kimchi premium” – an additional buying and selling fee added to the price of Bitcoin and other cryptocurrencies in Korea.
In fact, Schwartz said, no one paid $3.84 to buy XRP or received that much of the currency when selling it at the time.
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