Coinbase CEO Brian Armstrong: Ripple’s Case Seems To Be Going Better Than Expected

[solodeji]

Brian Armstrong, the CEO of the largest US-based crypto exchange, Coinbase, has recently showcased support for Ripple, the San Francisco-based cross-border payment firm, and its digital token XRP, amidst the legal tussle with the United States Securities and Exchange Commission (SEC).

In a tweet on 26th October, Armstrong stated that the case between Ripple and SEC seems to be going better than expected, stressing that the regulator is starting to realize that any rule against crypto is an indirect attack on consumers...

https://timestabloid.com/coinbase-ceo-brian-armstrong-ripples-case-seems-to-be-going-better-than-expected/

[CryptoPitbull]

I saw that tweet and I can't help but wonder what the motivation is behind that tweet. 

[kanaas]

2 hours ago, CryptoPitbull said:

I saw that tweet and I can't help but wonder what the motivation is behind that tweet. 

Everything in crypto land is about self-interest.

[CryptoPitbull]

Agreed. I just thought it was weird because he mentioned the Ripple case. He could have easily said something along the lines of "The SEC attacking crypto is politically dangerous because it harms consumers."

Why mention Ripple at all?

I don't think there is anything to read between the lines about this though. I just thought it was odd given the Coinbase and Ripple history. Kinda refreshing to see them at least offer some kind of support.