Ripples of Praise: CEO Throws a Toilet Bowl at SEC Chair – You Won’t Believe Why!

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In the grand theatre of commerce, the young maestro of Ripple, Brad Garlinghouse, has taken to the stage and, with the flourish of a false‑mannered aristocrat, has showered the new SEC Chair, Paul Atkins, with half‑measured praise-an act that feels, at best, a peculiar genteel dance.

There, dear reader, sits our hero, comparing the present regulatory climate under Atkins with what he claims is the ruinous cataclysm once wrought by the former Chair, Gary Gensler. The contrast is drawn in a tone that would humble even the most sarcastic of critics.

Garlinghouse, who has long been likened to a disaffected poet, has lauded Atkins as a “model of what leadership at the SEC should look like.” One must ask whether the true modeling lies in the words or merely in the implication that the old human drama now hangs in the balance.

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“The SEC’s first mission is to protect investors.” Garlinghouse announces. “Under Gary Gensler, the SEC clearly lost its way.” He proceeds to caricature Gensler’s tenure as an order of divine war against technological progress-a label so vivid you could almost hear the instruments of this alleged ‘unlawful power grab’ clashing in a distant, dust‑laden battlefield, with the courts blowing an exit flag in sympathy.

In closing, Garlinghouse deems the new chair “a breath of fresh air and sanity,” as if regaining a few fresh sentences after a toointense monologue.

Bitter rivalry

Garlinghouse’s effusive praise is no accident; it follows years of scolding the former SEC titan Gensler. During his contentious reign, Ripple found itself embroiled in a grueling legal odyssey over the status of its XRP token, a journey that could be compared to a Moscow winter’s tale, long and dreary.

Reported by U.Today, the Ripple magnate once quipped that Gensler had become a ‘political liability,’ vanishing himself like a ghost in a corridor of hollow slogans while single‑handedly “destroyed” the bedrock of SEC integrity-an accusation as melodramatic as a feverish gossip in a provincial tavern.

Garlinghouse has not shied from christening the outgoing chair “the Luddite of his time,” a jab that penetrated the very steel of Gensler’s anti‑crypto stance and condemned it for stifling innovation in the United States. Co‑founder Chris Larsen even went further, branding Gensler as “the worst public servant of all time,” a title that, honestly, would suit a tyrant of a different kind entirely.

“A new day”

Chair Atkins, sensing the legacies of his forerunners, has insisted the SEC must remain the truest safe harbor for investments. “We’ve pivoted from the old practice of regulation through enforcement…Rather than fending off new innovative types of technologies, we’re embracing them,” he declared during a recent CNBC interview, sounding as if he were smoking a philosophical pipe while negotiating a legal settlement.

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2026-04-21 08:57