The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases.
Brad Garlinghouse, CEO of blockchain payments firm Ripple Labs, took to social media to say certain information was “shockingly left out” of a 60 Minutes’ segment covering crypto’s role in the 2024 United States elections.
In a Dec. 8 X post, Garlinghouse said the news program had omitted information related to the US Securities and Exchange Commission (SEC) lawsuit against Ripple.
The 60 Minutes report with journalist Margaret Brennan covered Ripple’s role in funding the political action committee Fairshake, pouring millions of dollars to support pro-crypto candidates in the US election, and the SEC’s enforcement action against Ripple over the XRP token.