00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Ripple CEO Brad Garlinghouse celebrated the defeat of the so-called anti-crypto army on Thursday,
00:09borrowing a term used by Trump to describe opponents he accused of trying to destroy
00:13the cryptocurrency industry. In a post on X, Garlinghouse said the group worked to protect
00:18an old, often broken financial system, and that opposing financial innovation never made policy,
00:24legal, or political sense. He criticized the previous administration and former SEC chair
00:30Gary Gensler for hindering crypto companies. Ripple spent nearly five years in a legal battle
00:36with the SEC over XRP. Trump claimed credit for making America the cryptocurrency capital of the
00:43world, citing the Genius Act, the Strategic Bitcoin Reserve, and the Clarity Act. Policy wins for crypto
00:50have not led to lasting price gains, with Bitcoin falling roughly 42% from its $126,000 peak to
00:57around $73,000. Trump-linked ventures, including the official Trump token and World Liberty Financial,
01:04have also drawn conflict of interest concerns. For all things money, visit Benzinga.com.
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