The U.S. Securities and Exchange Commission (SEC) has concluded its case against Ripple, marking a significant milestone in crypto enforcement actions.
Conclusion of the Ripple Case
Ripple CEO Brad Garlinghouse announced the end of the SEC case against the company. The case began in December 2020, with the SEC accusing Ripple of violating securities laws.
Other SEC Cases Against Crypto Companies
Besides the Ripple case, the SEC has dismissed or paused several other processes against prominent crypto companies, including cases against Coinbase and Binance, as well as potential actions against Robinhood, Uniswap, and OpenSea.
Reactions and Expert Predictions
The announcement of the case's conclusion was followed by congratulatory messages for Ripple and the crypto community. Former SEC official Marc Fagel shared his expectations regarding upcoming decisions on the matter.
The end of the case against Ripple serves as a significant event in the world of cryptocurrencies, potentially affecting future SEC interactions with the company and the entire industry.
