President Biden Briefed on SEC/Ripple XRP Case
WASHINGTON, D.C.—Ushered into a special advisory conference Monday morning, President Joseph Biden met with his national security team and senior officials to hear updates on the ongoing trial between the U.S. Securities and Exchange Commission (SEC) and blockchain payments company Ripple concerning the 'security' status of the digital asset XRP.
“Why the hell am I just finding out about this now?” said an angry Biden to several visibly nervous handlers in the room. “And don't you have any better sources than this nerd lawyer on YouTube?”
President Biden beginning to deep-dive into XRP after being briefed about the SEC vs. Ripple case Monday morning.
The President continued down the 'XRP rabbit-hole' on YouTube after the brief, with many of his aids recommending content.
“Wait till you get to Naga Beau,” said Chief of Staff Ron Klain. “His 'bank money' videos are gonna blow your mind...”