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XRP Community Criticizes Former SEC Chair Jay Clayton Over Ripple Lawsuit Comments

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CoinGape
523Words
Feb 5, 2024

The $XRP community has expressed strong backlash against former SEC Chair Jay Clayton following his comments on Judge Torres' decision in the Ripple vs SEC lawsuit, suggesting that the SEC will appeal the decision. Clayton, who initiated the lawsuit against Ripple before leaving the SEC, has been accused by the community and figures like pro-XRP lawyer Bill Morgan of hypocrisy and misleading statements. Ripple CEO Brad Garlinghouse and John Deaton have also criticized Clayton's actions and statements, with Deaton highlighting Clayton's potential as a significant witness in court. The controversy revolves around Clayton's comments in an interview and his alleged misleading actions during his tenure at the SEC, including discussions around the Hinman speech and meetings with Ripple executives.

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