Altcoin News

Is SEC In Crosshairs Of Presidential Candidate RFK Jr, Asks Ex-Ripple Exec

Sean McBride, former director at Ripple, questioned presidential candidate Robert F. Kennedy Jr about his opinion on the SEC's malpractices.
Published by
Is SEC In Crosshairs Of Presidential Candidate RFK Jr, Asks Ex-Ripple Exec

Highlights

  • Former Ripple director Sean McBride dragged U.S. presidential candidate Robert F. Kennedy Jr into the Ripple vs SEC case.
  • He urged Kennedy to provide his opinion on the "corrupt" SEC's practices.
  • Earlier, RFK Jr endorsed Shiba Inu amid the massive price rally.

Former Ripple Director Sean McBride has recently urged U.S. presidential candidate Robert F. Kennedy Jr. to comment on what he perceives as corruption within the U.S. Securities and Exchange Commission (SEC). McBride’s call for Kennedy’s input stems from his belief that the SEC’s treatment of cryptocurrencies, particularly XRP, lacks transparency and fairness.

Advertisement

Former Ripple Director’s Message To RFK Jr

In his message directed at Kennedy, McBride highlighted XRP as the only cryptocurrency with regulatory clarity. Moreover, he noted that it is not considered a security after the July 2023 judgment in the Ripple vs SERipple vs SEC case. He specifically stated, “Did you know that XRP is the only cryptocurrency with regulatory clarity and not considered a security?”

Hence, he went on question the “corrupt” SEC’s practices against XRP and other crypto industry proponents and urged for a comment from RFK Jr. Since the U.S. presidential candidate has reiterated his pledge to curb corruption, the SEC might end up in crosshair if he secures a term. Furthermore, McBride emphasized XRP’s eco-friendly nature, as it is “pre-mined” and does not require the energy-intensive mining process associated with other cryptocurrencies. Therefore, he asked RFK Jr for his opinion on the same as he has prior experience as an environmentalist.

However, RFK Jr hasn’t provided a comment on the Ripple’s XRP vs SEC case as of now. Whilst, Kennedy, in response to a post listing his career accomplishments, expressed gratitude and affirmed his commitment to fighting corporate malfeasance. He stated, “Thank you for this list! I will continue to fight for those who’ve been taken advantage of by corrupt corporations. More than ever, we need accountability in Washington. I will get it done.”

Also Read: Ripple CLO Calls Out SEC for Misleading Court Submission

Advertisement

RFK Promotes Shiba Inu

Ahead of the former Ripple exec’s comment, RFK Jr was observed endorsing Shiba Inu’s slogan: “It’s Not A Meme, It’s A Movement.” The update was highlighted by Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), in a post on X on March 4. At the ETHDenver 2024 event, RFK Jr. and Russ Davis from In Russ We Trust Crypto were spotted wearing Shiba Inu badges.

This initiative demonstrated their support for the SHIB Army, marking a significant moment for the Shiba Inu community. Moreover, Shiba Inu has gained significant traction, especially during the recent meme coin rally, positioning itself strong as it entered the list of top 10 cryptocurrencies by market capitalization.

Also Read: Shiba Inu: SHIB’s 2 Tln Move Sparks Speculations, Price To Reach $0.0001?

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

SEC Issues Guidance Enabling Ripple, Coinbase, BitGo to Qualify as Custodians

The U.S. Securities and Exchange Commission (SEC) has issued a new guidance. This allows investment…

October 1, 2025
  • 24/7 Cryptocurrency News

Fed’s Goolsbee Cites Inflation Worries in Case Against Further Rate Cuts

Federal Reserve Bank of Chicago President Austan Goolsbee has warned that inflation risks could outweigh…

October 1, 2025
  • 24/7 Cryptocurrency News

David Schwartz To Step Down as Ripple CTO, Delivers Heartfelt Message to XRP Community

David Schwartz has announced plans to step down from his role as Ripple's Chief Technology…

October 1, 2025
  • Bitcoin News

Michael Saylor Reveals Strategy’s Endgame To Accumulate $1 Trillion Bitcoin For Its Treasury

According to Strategy executive chairman, Michael Saylor, the company has an ambitious vision for its…

October 1, 2025
  • Bitcoin News

CZ Hints at ‘Uptober’ Bitcoin Rally Following Green September

Binance founder Changpeng "CZ" Zhao has hinted at another potential 'Uptober' rally as he alluded…

September 30, 2025
  • Bitcoin News

BlackRock Now Holds 3.8% of Bitcoin Supply; Bloomberg Analyst Explains Why It’s ‘Extraordinary’

The world's largest asset manager, BlackRock, now holds 3.8% of the total Bitcoin supply through…

September 30, 2025