• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SEC Leadership Change Doesn't Halt Ripple Appeal

user avatar

by Giorgi Kostiuk

a year ago

As leadership at the SEC changes in January, the commission continues pursuing enforcement cases, including its appeal against Ripple concerning XRP.

Current Status of the Ripple Case

Ripple’s CLO Stuart Alderoty reported that the SEC would not delay submitting its appellate brief following the August ruling. Ripple was found liable for $125 million, accused of using XRP as an unregistered security.

What a waste of time and taxpayer dollars.Stuart Alderoty

Changes in SEC Leadership

The upcoming inauguration of Donald Trump on January 20 could impact the SEC's approach to the crypto industry. Brad Garlinghouse hinted there might be changes in regulatory and enforcement strategies following leadership shifts.

Role of Donations and Political Actions

Ripple and its executives are actively involved in political efforts, including substantial donations. Stuart Alderoty donated over $300,000 to Trump-supporting committees. Ripple also contributed $45 million to the Fairshake PAC and announced another $25 million after successful media placements supporting 'pro-crypto' candidates.

The ongoing Ripple case and potential shifts in SEC leadership suggest evolving regulatory perspectives on cryptocurrencies in the United States.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Emerges as a Key Player in US National Security Strategy

chest

Bitcoin is increasingly recognized as a tool in national security strategies, with top US officials emphasizing its significance in countering threats from adversaries like China, Iran, and North Korea.

user avatarTomas Novak

Solana Faces Decline Below Support Level

chest

Solana has dropped below a critical support level, indicating a bearish trend and potential further declines in the cryptocurrency market.

user avatarMaya Lundqvist

Dogecoin Breaks Resistance Level After Recent Rally

chest

Dogecoin has crossed a significant resistance level after a recent price surge, indicating a bullish trend.

user avatarKaterina Papadopoulou

Low Turnout at Bitcoin 2026 Raises Concerns

chest

The Bitcoin 2026 conference faced criticism for low attendance, with many empty seats reported, raising concerns about its relevance in the crypto landscape.

user avatarLeo van der Veen

Ripple's Bold Advertising Strategy at Bitcoin 2026

chest

Ripple made a significant impact at the Bitcoin 2026 conference with an extensive advertising campaign across Las Vegas, targeting thousands of attendees to promote XRP amidst ongoing legal challenges.

user avatarLi Weicheng

Morgan Stanley's Amy Oldenburg Discusses Bitcoin on Bank Balance Sheets

chest

Amy Oldenburg from Morgan Stanley suggests that major banks may consider holding Bitcoin as a treasury asset in the future, contingent on regulatory progress.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.