Former SEC Chair Gensler allegedly apologized to Ripple CEO

A claim has emerged that former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler personally apologized to Ripple CEO Brad Garlinghouse. According to U.Today, the exchange allegedly took place during a recent high-level briefing on cryptocurrency policy at the White House. At the end of the meeting, Gensler is said to have approached Garlinghouse and said, "Sorry." Ripple and the SEC have been engaged in a legal battle since December 2020 over the sale of unregistered securities.