SEC Grants Ripple a Big Win – Despite Court Rulings
In a surprise move, the SEC has given Ripple permission to sell securities to private investors — something a judge had repeatedly blocked in the $XRP case.
The original restriction came from the Gensler era and banned Ripple from selling securities to retail buyers. Ripple failed to remove it through the legal process, but the SEC bypassed the court and granted a waiver last Friday.
Former SEC official Marc Fagel called the decision “unprecedented” and “possibly illegal,” noting it openly defies the judge’s rulings. Still, he says there’s no clear way to challenge it unless XRP investors lose money.
For now, Ripple gets a major new revenue stream, but critics warn this could weaken trust in the legal system and set a risky precedent for crypto regulation.
