Back in December 2020, Ethereum co-founder Vitalik Buterin took a jab at Ripple’s legal defense. He singled out their claim that XRP shouldn’t be considered a security for “public policy reasons,” specifically because Bitcoin and Ethereum were supposedly “Chinese-controlled.”
This was part of a larger back-and-forth. Ripple CEO Brad Garlinghouse had criticized the SEC for being out of sync with other G20 nations and the broader U.S. government for allegedly favoring Bitcoin and Ethereum
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