💥 A major twist in the SEC's case regarding XRP – And I can't believe this 💥
You won't believe what just happened. The SEC has actually issued a release that allows Ripple to sell securities to private investors — something Judge Torres had previously rejected in the XRP case.
I've been following this battle for months. Ripple and the SEC officially abandoned the main case in March, but both sides quietly sought to remove the restriction from the Gensler era: the ban on selling securities to retail investors. In the normal legal process, this attempt failed. But last Friday, the SEC simply bypassed the court and gave Ripple what they wanted.
The release literally states:
> "In light of the facts and circumstances... there are reasonable grounds... Therefore... the release... is hereby granted to Ripple."
Now, Ripple did not receive a reversal of penalties nor were violations removed, but this — the lifting of the sales ban — was their biggest demand.
Former SEC official Marc Fagel, who was deeply involved in this case, called this move "unprecedented," "questionable," and even "unlawful." Essentially, he says that the SEC simply ignored the court. And to be honest... I somewhat agree with that.
The crazy part? There is no clear way to stop this. Unless investors lose money and file a complaint, no one is likely to challenge it. Courts can't even intervene in this matter on their own.
In the short term, this is a huge deal for Ripple — they just unlocked a completely new source of revenue, and XRP fans are likely celebrating. But in the long term? This could shake the very foundations of cryptocurrency regulation in the US. The SEC is already under fire for being too lenient toward cryptocurrencies, and now... they've gone further than ever before.
I don't know about you, but I'm watching this case very closely. 🚨
