Ripple CEO Clashes with Top VC Over XRP's Security Status

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Ripple CEO Clashes with Top VC Over XRP's Security Status
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.bgarlinghouse has fired back at Jason in a heated Twitter exchange over XRP's security status

He also alluded to Calacanis's history of making controversial statements and trolling about topics he may not fully understand.and the lack of a clear regulatory framework for digital assets in the United States.

The heart of the legal tug-of-war between Ripple and the SEC centers on whether XRP should be classified as a security or a digital currency. The SEC has accused Ripple of conducting an unregistered securities offering through the sale of XRP, firmly planting its flag in the belief that the token is a security.

In contrast, Ripple has thrown its full weight behind the defense of its position, arguing that XRP is a digital currency.

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