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Dave Ripley

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37
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2024-01-26
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2024-01-26
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  1. “Years' time, yeah. Five years, this is a great trajectory. I mean, look, I think we will be in a meaningfully different place as an industry in order of magnitude bigger. I think Kraken will likely be more than in order of magnitude bigger in that timeframe. And so this means that we're just going to be serving that many more clients with that much more product and services and really bringing cryptocurrency to the world.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “Yeah, our friend, you know, I think it, you know, a little bit simple and basic, but I think that's like something that's pretty prominent and important is, yes, there's all these things that we do to like try and impact the world meaningfully, but I think kind of like the individual relationships are just as valuable and important.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “A big one is one of the things that we've had to do a lot this year is pivot the company to focus on new and different areas as things evolve. We did a lot of that maybe reasonably quickly, which was a good thing, but didn't really communicate and execute it deliberately enough such that it probably caused a lot of flail for the company”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Yeah, it's annoying because when one of the kids wants to eat an apple, they can't anywhere come near finishing the whole thing. So we have all these half eaten apples.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “Yeah, you know, I think it's probably the various different conflicts that we see. Are we, you know, are we seeing more or fewer as we go forward?”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “Know, I think that probably the biggest piece is, you know, communication, you know, so as COO, I'm kind of like communicating with teams in a more narrow space, but like really communicating to the full company 2,000 plus started to do that, need to do more of that. And frankly, this as well, communicating even externally outside of Kraken. I don't really have much of a social profile starting to build a little bit of that, but it's pretty weak right now.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “I hear you. There's probably a trade off, you know, to the extent that you can be there in person at any given day, at any given time. There are benefits from that. It's like, okay, so what's the counterbalance to that? There's a bunch of tactical basic stuff, commute time for individuals, allowing them to kind of structure their day, week, month, however they see fit. Is really helpful from like a flexibility and frankly get work done.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “I have three and three kids young, five, three, two. I mean, just laying it to you straight. I mean, one is, you know, my wife, Laura, that's probably like an incredibly critical part of this. The reality is I spend an enormous amount of time and energy on Kraken. I actually spend a huge amount of time and energy family. I mean, of course, work from home helps our global remote model that we've had forever, helps with that.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Yeah. No, look, when we talk about, to be clear, Bitcoin, cryptocurrency isn't, you know, coming out and being like, hey, the world has never known transactions or financial transactions or payments or money or what have you, right? I mean, this is, of course, not what's happening. It is the alternative better system, not something that hasn't existed before, if you will, at a fundamental level.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “In crypto? We certainly do. And there are quite a few. The use case, largely we come back to the global piece. Setting up global payroll is incredibly difficult and complex and only large companies really do it successfully in that reasonable cost. And so I think a lot of smaller businesses, certainly freelancers, all use cryptocurrency already to pay their contractors freelancers or whoever might be helping out these small startup businesses.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “Well, yeah, payroll example would be you have a business crypto payroll company, business wants to use them, the business mostly operates in dollars or euro, say. And so they need to find a way to pay out their employees in crypto if that's what they want to do. They simply go to one of these payroll companies. They give them the dollars and the payroll company helps them pay out their employees in crypto. You know, that payroll company needs some liquidity on the back end. Kraken's a choice.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “Well, I mean, I think you could be a handful of different things. I mean, we have payroll and remittance companies that are clients for Kraken that run this business. And they simply use Kraken for back-end liquidity to convert from fiat to crypto. And they use the crypto side of things to move money from one geography to the next. But for their customers, they are providing kind of like a fiat out on one side versus the other.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  13. “Think we're starting to see that in place as there will effectively be a set of service providers or companies that obfuscate away. Frankly, a lot of the complexity that still exists there with crypto and Bitcoin, we talk about these clunky long addresses that are necessary. There's, of course, the question on custodial versus self-custody challenges with self-custody. And so I think a lot of it goes towards like, hey, all of this, the user experience still needs a lot of, you know, work and to make more simplistic and kind of push a lot of that complexity, hopefully more so to the background, but do it in a secure way.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  14. “Yeah, there is some truth to what you're saying here. But again, I think it's a positive. Cryptocurrency has all these benefits. There's many of them. I think one where we see even our clients using cryptocurrency today, Bitcoin and other stablecoins are for cross-border payments. And it truly is substantially faster, substantially less expensive than any other means they have available to them. But look, the fact that there are many different use cases for cryptocurrency. I would almost describe Bitcoin and cryptocurrency what they are as innovations similar to the internet itself. Massive, huge, broad, and wide. And so what we're really going to see is, yes, like more narrow specific use cases that grow and have to take hold over time as opposed to like the whole thing all at once.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  15. “In big investment funds doing the same, kind of investing or even endowments and all of the institutions that have started to kind of come in several years ago and kind of continue to grow in the space.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  16. “Well, so there is quite a bit of volatility. First, I'll point out that it's a lot of volatility up and to the right across the history of the Bitcoin. Not a lot of volatility and down into the right as most fiat currencies perform. When you just look at them by the numbers, the hundreds of fiat currencies that are out there. One of the things we haven't talked about yet is cross-border transactions, but to the extent that Bitcoin continues to be adopted and grow for all of these different use cases. And there are many. We're talking about payments in store value, which is for sure the biggest one we should be talking about that to the extent that adoption continues to grow, the potential here is significant. And so, of course, you're going to have a lot of people investing on that potential outcome, albeit maybe farther off in the future. And that's going to lead to a lot of fluctuation in prices. And so we see individuals doing this. We see big Wall Street banks and hedge funds.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  17. “Of course, yeah. Absolutely. I mean, you know, as a currency, as built into the protocol, right, you know, fixed supply and is inherently not inflationary from that standpoint.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  18. “Let's keep going. Let's keep going. What else are these currencies supposed to do? You know, one of them is to hold value. And, you know, one of the things that we've seen, the bearing degrees, is substantial inflation. And again, this very significantly from one part of the world to the next, but this is a meaningful problem, you know, frankly even just recently for people in the US, but substantially so in many different parts of the world. That has gone on for 100 years since the existence of creation of fiat currency, if you will.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  19. “Do there is huge cost somehow the financial services industry is the most profitable industry out there. That money's coming from somewhere. And so it's coming from us and we're paying the tax to these companies just simply to hold our money, to allow us to transact with our own money. And it's a significant cost.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  20. “As far as where it's superior as a form of currency, there are a number of different ways. The delta in which how well it performs as a currency, frankly, I would assert that it's inherently superior for almost everyone in almost every place. Not yet today because we haven't built out the infrastructure and it's not in people's hands and all those types of things, but we're on the way there. But there's certainly a range. If you look at an individual, you know, like yourself or myself, US, Europe, you know, payment access that we have as individuals, you know, retail consumers, you know, it's pretty good relative to most places in the world. We look at other places in the world and just with respect to access, it is drastically different, the same level of technology, speed, cost, all of these different pieces. Again, I wouldn't say that it's like fantastic in US or Europe. There are certainly challenges. You know, banks operate nine to five, not on weekends. There's a number of things that you want.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  21. “Exactly. I mean, all currency is today and all it ever has been is a system of records, a way to record transactions that have happened. And that's all currencies have ever been. They have all basically functioned as this way of a reliable system of record, a reliable ledger. That fact that Bitcoin is a reliable ledger is just clear.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  22. “It has no value. And right when someone makes that statement, they're like, okay, so this person hasn't done too much reading on history, which is not that.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  23. “I think it's going the opposite direction. It's extraordinarily difficult to get all the foundations right, security, red compliance, all these different pieces, so much so that we've seen a lot of companies come not just go by the wayside, but completely disappear. We've almost seen the opposite where we've seen a lot of companies come in try, not be successful.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  24. “I think there's a couple different things just on the evolution of Kraken products. And one of the things we've done even more recently is actually start marketing. We almost made it to become an enormous multi-billion dollar company without frankly doing much marketing at all, which is kind of amazing in and of itself. But over the past year and really almost over the past six to nine months, we've actually started to become a more meaningful player with marketing. That is been one of kind of like the catalyst to drive more growth in those newer products for ourselves on the consumer individual retail side.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  25. “Look, the longer term arc, we have a number of these candidates. I mean, almost if you look at that suite of candidates that are out there, they're all pro crypto, pro Bitcoin. A lot of the ones that are interesting, candidates, you have RFK Junior, of course, he's independent now, started out, Democrat now independent. And then you go to the other side. The majority of the candidates out there are pro-Bitcoin, pro cryptocurrency. Of course, we don't frankly see any comments from our current president on Bitcoin. We see it from his team, if you will. So look, I can't tell you who's going to win this election, but over the coming set of elections, we will have a pro Bitcoin, pro cryptocurrency president. Crypto and Bitcoin are naturally going to grow. They add amazing value for individuals and they're going to continue to grow.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  26. “I'm not too sure what's the number of cases they have out there right now. We've called out kind of the two that are top of mind for certainly the Kraken and complaint and the Coinbase one. But yeah, I mean, we're quite optimistic about the path forward for those.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  27. “Yeah, I mean, look, you know, at least within the cryptocurrency sphere, we don't see anything positive, any positive steps, any clarity and guidance, any frankly positive steps for investor protection or any of the goals that the SEC is, you know, I think their mission, if you will. And so, you know, that's unfortunate.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  28. “Yeah, in the union of the SEC is successful. So it's almost tough to answer that question because they won't be successful, right? They've lost an XRP. They've lost the grayscale, kind of continue to not see success with these actions. So I don't think they won't be successful. It's tough to imagine exactly what it looks like for, you know, a success on their side and what that would even be in these particular claim against Coinbase, claim against Kraken, they've, you know, identified a handful of tokens in each particular one. We, of course, list more than that than the handful identified. So tough to see exactly the endgame that they're headed down.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  29. “Think the approach is completely flawed. The regulation by enforcement approach is completely flawed. The right approach, but just like not in the right place on the spectrum. But I think it's more fundamental than that in that their entire approach is completely off. And so the right approach is what we see everywhere, what we see in Canada and Europe and in UK where their parliament or legislators work to put in place proper laws, the regulators work to implement those.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  30. “Of 2023 for Kraken specifically, and that's definitely from like a kind of market environment challenge is really high on the list.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  31. “Yeah, let's keep going. Probably the other dynamic that has existed, frankly, throughout this year is, you know, we had SPF and FTX and all the other failures of 2022 in the crypto space, most of them, frankly, tragic and fraud associated with minimum FTX and so forth, so really horrendous. Coming into 2023, of course, we see kind of a lot of activity on the regulatory side. In a lot of our geographies, call it Europe, UK, Canada, they were already in progress of putting in new regulatory frameworks. That led to a number of different things we had to do just from like a build out standpoint. But then you moved to the US, we're not in the same place. And so you kind of had this regulation by enforcement approach, largely referring to the SEC that has been certainly a challenging dynamic throughout all.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  32. “Is a good question. One is when we made the transition, there wasn't actually someone to come in and fill my old role as CEO day one. I made for like an interesting start and we were well down the process to actually doing that, finding someone to fulfill my role.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  33. “Yeah. We talked about a CEO transition for quite some time, not even just months, but on the order of year plus. That happened last spring. So it's really been probably just over a half year. So we're kind of in the early period, if you will, of me taking over”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  34. “Right in 2013, I founded a company callera, and that was a crypto company. We basically provided some tools, APIs to let all of the Bitcoin wallets at the time add Bitcoin buying and selling into their apps. And Kraken was one of our partners. We used them on the back end for liquidity because they had a nice big, full proper exchange that provided such things. Knew some of the Kraken team, including Jesse from that angle. It was 2016. We started discussing about what's next for Glidera, what's our next step, another fundraise. You know, we had already done one not a year plus previous to that timeframe. And we talked about the potential for acquisition. And so Kraken acquired my company. It was small at the time, Glydera. And I joined Kraken found that acquisition.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  35. “About it, it definitely aligns with my view on economic freedom and these pieces. And so just got incredibly excited about it”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  36. “So, about 10 years for me, just over actually at the time, I learned about crypto. I was at Boston Consulting, Large Strategy Consulting Firm, and I was interested to get back to the tech industry. Also kind of had in the back of my mind potentially founding a company. Individual who I learned about Bitcoin from happened to end up being my co-founder. So that's actually how I initially learned about it. And then just like many others went down that rabbit hole. I learned first about the tech and then all of a sudden I was like, wow, that's super interesting. the economic side, the societal side, the government piece, all these different aspects of crypto and spend, frankly, months kind of going down the rabbit hole learning about crypto in every which way, also going through the process. I think a lot of us do of learning about crypto and say, hey, this can't work because X and then kind of go research it and read more about it and then get to the point where it's like actually maybe this actually would work for XYZ reasons. So super excited.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source

  37. “The regulation by enforcement approach is completely flawed. They won't be successful. They've lost an XRP. They've lost the grayscale, kind of continue to not see success with these actions. So they won't be successful.”

    2024-01-26 · The Twenty Minute VC · 20VC: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? How do US Elections Impact Crypto Markets? How Did SBF and FTX Impact Crypto Long Term and more with Dave Ripley, CEO @ Kraken · IDENTIFIED FROM THE TRANSCRIPT · source