Rep. Ritchie Torres Weighs in on Ripple's Partial Win, State of Crypto Regulation

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“In my opinion, what we've seen from Mr. Gensler is not regulation. It's the weaponization of the SEC against the crypto industry,” RepRitchie says. “That, to me, is an abuse of power.” Watch more, presented by trondao:

In a letter to SEC Chairman Gary Gensler, Congressman Ritchie Torres wrote, "regulation by enforcement had a dreadful day in court," referring to the summary judgment issued by Judge Analisa Torres in the SEC v.

Ripple Labs decision.
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