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Fox Business reporter Charles Gasparino’s description of President Torres’ ruling in the Ripple 
$2 and SEC case as “foolish” has ignited discussions within the cryptocurrency sector. His comments have prompted criticism from crypto enthusiasts and legal experts, highlighting diverse perspectives on the ruling’s implications for the crypto industry.
Gasparino’s Criticism
In a recent interview with Anthony Pompliano, Gasparino claimed that President Torres established a lower disclosure standard for retail investors. He characterized the decision as “foolish,” arguing that it could undermine the protection of retail investors.
“Mr. Torres stated that retail investors do not recognize Ripple, thus he did …
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