**Ripple CEO Garlinghouse Accuses SEC of Hypocrisy, Highlights Inconsistent Regulations**
Ripple (XRP) CEO Brad Garlinghouse has presented more evidence of what he calls the SEC’s hypocrisy in its regulatory actions. While SEC Chairman Gary Gensler claims the rules are clear, Garlinghouse argues that the SEC struggles to understand these regulations and applies them arbitrarily. He stressed that this inconsistency is causing additional confusion within the crypto industry. Furthermore, he accused the SEC of pursuing a political agenda and/or employing malicious litigation tactics, stating that such an approach does not reflect a “commitment to the law.”
Garlinghouse made these remarks following the SEC’s withdrawal of its demand to classify tokens like Solana (SOL), Cardano (ADA), and Polygon (MATIC) as securities in its lawsuit against Binance.