Ripple CEO owns these crypto

Brad Garlinghouse, the CEO of Ripple, personally owns three leading cryptocurrencies, namely Bitcoin, Ethereum, and Ripple. Garlinghouse made this known during a fireside chat with Messari CEO Ryan Selkis in September.

“I’m going to set the record straight. I personally own Bitcoin. I personally own Ethereum. I personally own XRP. I am long all of those digital assets and some others," Garlinghouse said.

The discussion follows the SEC's latest stance that portrayed Ethereum as security amid the transition from proof-of-work to proof-of-stake.

"The coo-coo for coco puffs is, how in the world can they say, because it went from proof of work to proof of stake, now all of a sudden it went back to being a security?” Garlinghouse added.

Meanwhile, Ripple is also battling a lawsuit by the US Securities and Exchange Commission (SEC) on the issue of XRP being security. The regulator alleged that Ripple violated the law by offering unregistered securities via XRP sale.

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