📢 Ripple CEO Reacts to SEC's Surprising Decision
The SEC's recent much friendlier approach toward crypto has shaken the industry; as announced by Coinbase CLO Paul Grewal on X, the agency has officially dropped the case against the leading U.S. exchange.
The development scored many reactions from major figures in the crypto space, including Brad Garlinghouse, CEO at Ripple, the company still involved in the legal battle with the SEC.
In his X post, Garlinghouse wrote: "Suffice it to say (as I know there are lots of impatient people, including me!), this SEC has demonstrated a clear interest in moving on quickly (!) from the failed regulation by enforcement policies of the last Administration."
At the moment, many expect the Ripple case to be withdrawn as well; previously, the prediction with this outcome was made by former SEC official John Reed Stark.
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