• 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

Crypto Fear Greed Index Indicates Market Sentiment Shift

chest

The Crypto Fear Greed Index has climbed above 29 for the first time since January 29, indicating a shift from extreme fear to plain fear in the crypto market.

user avatarSatoshi Nakamura

Ethereum's Derivatives Market Shifts as Buyers Take Control

chest

Ethereum's derivatives market is experiencing a significant shift as buyers gain control over sell pressure, indicating a potential change in market dynamics.

user avatarJesper Sørensen

Stalemate in Congress Over Crypto Regulation Bill

chest

A bill aimed at regulating the US crypto market, known as the Digital Asset Market Clarity Act of 2025, is currently stalled in Congress due to opposition from banks and crypto companies regarding stablecoin regulations.

user avatarRajesh Kumar

SBI Remit and Tottori Bank to Launch International Money Transfer Services

chest

SBI Remit and Tottori Bank are launching international money transfer services on April 20, 2026, to support the growing foreign workforce in Tottori Prefecture.

user avatarLucas Weissmann

Aave Faces Major Fallout from Exploit

chest

Aave has lost over 23% of its value following a significant exploit that resulted in $292 million in stolen rsETH, leading to a liquidity crisis.

user avatarEmily Carter

Aave's Liquidity Crisis Deepens Amid Exploit Fallout

chest

Aave's liquidity crisis deepens as an exploit creates $200 million in bad debt, pushing utilization to 100% and complicating user withdrawals.

user avatarFilippo Romano

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.