Ripple CEO Makes Fun of Coinbase CEO's Speech, Here's What Happened

Oct 28,2022
Ripple CEO Makes Fun of Coinbase CEO's Speech, Here's What Happened

Brian Armstrong said in an interview with Anthony Pompliano, a well-known data encryption hazard worker, that he hoped for more cooperation in the new project. He did not like tribalism in the field of data encryption because it restricted the free growth of the economy.

In response to his statement, the co-founder and CEO of Coinbase was teased by Brad Garlinghouse, the head of Ripple. According to Garlinghouse, Armstrong is a supporter of tribalism on the premise of resisting tribalism. In his outburst, Ripple's CEO asked for reference from the "violence prone social media club team" of the popular brand.


Interestingly, after the delisting of XRP from Coinbase in 2021, Armstrong made it clear in the SEC dispute that Ripple was applicable, even though he was previously called the hater of XRP. However, the recent information about the status struggle between SEC and CFTC closely surrounding Ethereum and Armstrong's announcement that ETH's work pressure cannot be accepted seems to have really spread to Ripple.

This battle is often particularly fierce because Ethereum and XRP are in a standoff between high-rise residential buildings. Some people think that Ethereum was persuaded by former SEC CEO Sperry Simman to fully consider the latest development trend of the case, which will be quickly responded. Vitalik Buterin, the founder of Ethereum, immediately felt that XRP lacked "maintenance" for the tentacles of regulators.