💻News:
The SEC under Gensler is going against Ripple and $XRP until the last day of his term.👊👊
According to information released by the Ripple team, the SEC managed by Gensler insists on moving forward with the lawsuit filed against the issuing company of $XRP .🙄
👉As noted on X by Ripple's legal director, Stuart Alderoty, the SEC will not postpone the filing of a document that must be submitted as part of the appeal against the decision made a few months ago by the courts.👈
This is a ruling issued in 2023 by federal judge Analisa Torres, establishing that sales on exchanges of the token $XRP did not violate the country's securities laws.
In rejection of this decision, the SEC made a presentation before the court last October, notifying the Second Circuit Court of Appeals.💥
Alderoty explains that, given the proximity of Trump's inauguration, the company asked the SEC to postpone the filing of the document. A request to which they were denied.👎
👊With this denial, rumors that had emerged a few days ago indicating that Gary Gensler's team was willing to move forward with their lawsuits until the last moment, taking advantage of the days left before the government change, are confirmed.👊
💥And although it is unclear what steps the new administration will take to resolve the pending lawsuits left by Gensler's SEC, it is thought that the most likely outcome is that they will remain frozen and not progress.💥
It is clear that we are at a decisive moment and the impact on the currency is noticeable, XRP keeps rising, fasten your seatbelts, this is just the beginning🚀🚀🚀🚀
