{"id":36935,"date":"2022-12-02T22:52:39","date_gmt":"2022-12-02T22:52:39","guid":{"rendered":"http:\/\/egrowonline.com\/?p=36935"},"modified":"2022-12-02T22:52:39","modified_gmt":"2022-12-02T22:52:39","slug":"ripple-ceo-believes-regulators-should-make-it-harder-to-pull-off-ftx-style-scams","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=36935","title":{"rendered":"Ripple CEO Believes Regulators Should Make It Harder to Pull Off FTX-Style Scams"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div><a target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/news.google.com\/alex-dovbnya\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"224\" height=\"140\" alt=\"article image\" src=\"https:\/\/u.today\/sites\/default\/files\/2019-11\/alex-m-ava.jpg\" class=\"author__item-user-avata\" \/><br \/>\n<\/a><\/p>\n<div class=\"article__lead-info\"><a target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/news.google.com\/alex-dovbnya\" rel=\"noopener\">Alex Dovbnya<\/a><\/p>\n<p>Ripple CEO Brad Garlinghouse believes that regulators should disincentivize \u201chorrible behavior\u201d<\/p>\n<\/div>\n<\/div>\n<div>\n<p>In a <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/bgarlinghouse\/status\/1598732564302282752\"><u>recent tweet<\/u><\/a>, Ripple CEO <a target=\"_blank\" href=\"https:\/\/u.today\/ripples-brad-garlinghouse-takes-aim-at-secs-approach\" rel=\"noopener\"><u>Brad Garlinghouse<\/u><\/a> said that he agreed with Crypto Council CEO Sheila Warren when it comes to crypto regulation.\u00a0<\/p>\n<p>In her tweet, Warren said that regulators should work to disincentivize \u201chorrible behavior\u201d following the collapse of the FTX cryptocurrency exchange.\u00a0<\/p>\n<p>She adds that regulators should make it hard to pull off such shams in the first place while also creating accountability for fraudsters.<\/p>\n<p>As <a target=\"_blank\" href=\"https:\/\/u.today\/ripple-ceo-suggests-ftx-was-fraudulent\" rel=\"noopener\"><u>reported by U.Today<\/u><\/a>, Garlinghouse suggested that the FTX exchange operated as a fraudulent scheme. He believes that the crypto industry is still in its nascency, which is why it keeps attracting crooks. The Ripple executive expects crypto to mature.\u00a0<\/p>\n<p>On Thursday, Galaxy Digital CEO Mike Novogratz <a target=\"_blank\" href=\"https:\/\/u.today\/mike-novogratz-says-sbf-should-be-locked-up\" rel=\"noopener\"><u>said<\/u><\/a> that Bankman-Fried had to go to jail.\u00a0<\/p>\n<p>However, Bankman-Fried denies knowingly co-mingled customer funds with those of trading firm Alameda. The disgraced FTX founder also doesn\u2019t think that he has criminal liability.\u00a0<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiYGh0dHBzOi8vdS50b2RheS9yaXBwbGUtY2VvLWJlbGlldmVzLXJlZ3VsYXRvcnMtc2hvdWxkLW1ha2UtaXQtaGFyZGVyLXRvLXB1bGwtb2ZmLWZ0eC1zdHlsZS1zY2Ftc9IBZGh0dHBzOi8vdS50b2RheS9yaXBwbGUtY2VvLWJlbGlldmVzLXJlZ3VsYXRvcnMtc2hvdWxkLW1ha2UtaXQtaGFyZGVyLXRvLXB1bGwtb2ZmLWZ0eC1zdHlsZS1zY2Ftcz9hbXA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alex Dovbnya Ripple CEO Brad Garlinghouse believes that regulators should disincentivize \u201chorrible behavior\u201d In a recent tweet, Ripple CEO Brad Garlinghouse said that he agreed with Crypto Council CEO Sheila Warren when it comes to crypto regulation.\u00a0 In her tweet, Warren said that regulators should work to disincentivize \u201chorrible behavior\u201d following the collapse of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[2161,467,12627,7437,4872,1054,265,162],"class_list":["post-36935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-believes","tag-ceo","tag-ftxstyle","tag-harder","tag-pull","tag-regulators","tag-ripple","tag-scams"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/8938_0.jpeg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36935"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36935\/revisions"}],"predecessor-version":[{"id":36937,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/36935\/revisions\/36937"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/36936"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36935"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}