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Tom Emmer Massive Remarks to Gary Gensler

For those of you who missed it, yesterday Chair Gary Gensler has fielded a number of crypto-related questions in a Congressional hearing. Congressman for Minnesota’s 6th District Tom Emmer who has express his support for XRP and has stated in the past that XRP is not a security really asked some tough questions that Gary Gensler could not provide clear answers for.

This is the most important section as this relates to each and everyone of us XRP holders

If Gensler deems a coin with a $1B market cap and tens of thousands of investors a security, what happens to those investors? The value of the token will plummet & retail investors won’t be able to trade it.

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