SEC Chair Gensler Has Mixed Feelings About Judge’s Ripple Case Verdict: ‘Pleased And..Disappointed’

Securities and Exchange Commission (SEC) Chair Gary Gensler expressed a mixed response to a court ruling stating that Ripple Labs’s XRP token is not necessarily a security. What Happened: In an interview with Yahoo Finance, Gensler said, “There’s ongoing litigation with a number of these crypto platforms and these platforms are commingling a number of services that you’ve seen on these crypto platforms where they could well be trading against their customers, bundling up a bunch of services that we would not allow in any other parts of our capital markets.