Bitcoin maximalist Samson Mow, former CSO of Blocktream and now CEO of Jan3, posted a tweet attacking Ripple after his boss, Brad Garlinghouse, stated that he believes the SEC is going after Tether now.
Bitcoin maximalist Samson Mow, former CSO of Blocktream and now CEO of Jan3, posted a tweet attacking Ripple after his boss, Brad Garlinghouse, stated that he believes the SEC is going after Tether now.
Mow cited the response issued by Tether/Bitfinex CTO Paolo Ardoino to Garlinghouse to criticize Ripple for not only “spreading FUD” about Tether but also for doing the same with Bitcoin previously.
Tether CTO Responds to Brad Garlinghouse’s Tether Statement
During his recent appearance on the “World Class” podcast hosted by Chris Vasquez, Ripple CEO Brad Garlinghouse issued an important warning about the US regulator, the SEC, and Tether, a leader in the stablecoin industry.
Garlinghouse shared his opinion on their relationship and said that the US government (and the SEC as its direct representative) is going after Tether and its popular stablecoin USDT, which runs on multiple blockchains and has multiple versions supported for different fiat currencies and gold.
The CEO of Ripple also said that he considers this company to be a very important part of the ecosystem.
Paolo Ardoino then responded to this statement from the Ripple boss. Tether’s CTO called him an “uninformed CEO.” Ardoino also noted that Ripple recently announced its plans to launch its own stablecoin, aiming to compete directly with Tether.
Paolo Ardoino then decided to give the Crypto development”.
Garlinghouse responded to that to refute Ardoino’s accusations and deny that he attacked the largest stablecoin issuer in the market.
Samson Mow attacks Ripple for spreading FUD
Jan3 boss Samson Mow turned to his X account to support Ardoino and attack Ripple. He claimed that this San Francisco-based blockchain company is “actively spreading FUD about Tether” to “try to get traction on its own stablecoin.”
Mow also reminded the community that in 2022, Ripple (its co-founder Chris Larsen in particular) provided $5 million to Greenpeace to start a campaign against Bitcoin. The goal was to move BTC away from the energy-consuming proof-of-work algorithm.
