In a jaw-dropping twist, the SEC has granted Ripple a special waiver to sell securities to private investors — despite Judge Torres previously blocking this in the XRP case.
For months, Ripple and the SEC quietly pushed to remove the Gensler-era retail sales ban. The court process failed… but last Friday, the SEC bypassed the court entirely and gave Ripple what it wanted.
The waiver states:
“In light of the facts and circumstances… good cause exists… Accordingly… a waiver… is hereby granted to Ripple.”
While Ripple didn’t get fines refunded or violations erased, lifting the sales ban was their biggest win. Former SEC official Marc Fagel called the move “unprecedented,” “dubious,” and even “lawless,” saying the SEC effectively ignored the court.
Short term: Ripple gains a fresh revenue stream.
Long term: This could reshape U.S. crypto regulation — and maybe even weaken the SEC’s own authority.
This is one to watch closely… things are about to get interesting. 🚨
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