The post Ripple Executives Demand Transparency Amid SEC’s ETF Approval Confusion appeared first on Coinpedia Fintech News
The crypto community experienced a rollercoaster ride sparked by the SEC’s X handle announcing the approval of the Spot Bitcoin ETF. However, the excitement was short-lived as SEC Chair Gary Gensler later claimed the account was compromised, triggering a backlash and accusations of market manipulation.
Compromised and Clarified
The day began with the unexpected announcement of the Spot Bitcoin ETF approval, creating shockwaves across the crypto space. The SEC’s X handle, in a now-controversial tweet, conveyed the regulator’s nod to the ETF, impacting not only the XRP community but the broader crypto market.
Following the chaos, Ripple executives, including Chief Legal Officer Stuart Alderoty and XRP lawyer Bill Morgan, took to the X platform to express concerns and demand transparency.
Alderoty stressed the need for accountability and urged the regulator t
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