Gensler Allegedly Admits He Was Wrong About Ripple
Analysis
Price Impact
HighIf gensler did apologize, it would signify a major shift in regulatory sentiment from the sec towards xrp and potentially other cryptocurrencies, validating the market's long-held belief in xrp's non-security status and boosting investor confidence.
Trustworthiness
LowThe report is based on an alleged statement by ripple's ceo, brad garlinghouse, and gary gensler has not officially commented. the original article itself notes that it was 'not clear whether garlinghouse was actually referring to gensler'. therefore, the confirmation is currently low.
Price Direction
BullishA perceived shift in regulatory stance from a key figure like a former sec chair, even if only alleged, could lead to significant positive sentiment for xrp. investors might interpret this as a sign of future regulatory clarity and acceptance, driving buying pressure.
Time Effect
ShortThe immediate market reaction could be significant as traders and investors digest this news. however, the long-term impact will depend on whether this alleged apology leads to actual policy changes or further confirmations.
Original Article:
Article Content:
Cover image via U.Today Ripple CEO Brad Garlinghouse allegedly revealed that former SEC Chair Gary Gensler had personally apologized for his agency's multi-year battle against crypto. Advertisement Notably, the rumored encounter took place at the White House, which was "kind of weird," according to Garlinghouse. A surprising meeting According to Garlinghouse, the exchange occurred during a recent high-level briefing on digital asset policy. HOT Stories Wikipedia Co-Founder: No One Is Using Bitcoin as Money XRP-Friendly SBI to Launch Japan Stablecoin in Q2, Ethereum May 'Flip' Bitcoin in Five Years Amid Quantum Threat, Cardano's USDC Eyes Two-Day Deadline: Morning Crypto Report Gensler, who stepped down from his role at the SEC in early 2025, allegedly approached the Ripple boss at the end of the session. Advertisement 'He comes up to me, and he says 'Sorry,'" Garlinghouse told the cheering crowd in Sydney that he received an apology at the White House. However, it was not clear whether Garlinghouse was actually referring to Gensler, as some fresh reporting indicates. You Might Also Like Fri, 02/27/2026 - 15:45 Ripple Mints 20 Million RLUSD on Ethereum to Bolster Stablecoin Liquidity By Tomiwabold Olajide Gensle's tenure was, of course, defined by a "regulation by enforcement" strategy. The former SEC boss has repeatedly opined that virtually all digital assets could be potentially classified as securities. Advertisement Ripple, however, famously fought back and managed to secure a landmark ruling in 2023 that XRP is not, in and of itself, a security. The reported apology follows years of public vitriol between the two figures. Garlinghouse has previously labeled Gensler a "political liability" and an "autocrat." The former SEC boss frequently compared the crypto market to the "Wild West" that is rife with fraud and non-compliance. The legal battle officially ended in early 2025, with the SEC dropping its appeal. The much-awaited legal clarity made it possible for Ripple to substantially expand its operations. Gensler has yet to comment on the rumored private exchange. However, it is worth noting that it was former SEC Chair Jay Clayton who actually brought the lawsuit against Ripple in the first place. #Ripple News #Gary Gensler