Crypto tycoon novogratz hails Ripple's court victory as a 'big, big win' for the crypto community
on CNBC's Squawk Box. Praising Ripple's recent legal victory against the SEC, Novogratz hailed it as a significant win for both the company and the wider crypto community.
"It was a big, big win for Ripple and a big, big win for the crypto community," Novogratz stated, and then took aim at SEC Chair Gary Gensler's handling of the situation, stating,"Let's not let Gary Gensler put lipstick on a pig. They lost and they know it." Novogratz's comments underscored his belief that the SEC's approach to cryptocurrencies is not in line with the market's actual needs and realities.
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