Reply V. SEC Update Update 6 February

TL; D

• Jorge Teniro’s reset and resignation of the SEC Gary Gensler’s president may indicate a shift in the organizational approach, which may lead to a faster and more convenient solution in a ripple suit.
• Despite the changes in driving, SEC continues its legal battle against the company, recently made an appeal and gained support from Better markets, which insists on the classification of XRP as safety.

Sarah news for ripples?

the The US Securities and Stock Exchange Committee (SEC) has implemented some important amendments to its leadership Since the beginning of the year. According to the hadith a report By the Wall Street Journal, Jorge Teniro was transferred to the Computer Systems Management Department.

The law expert joined the committee 11 years ago, where he gradually climbed the ladder to become the chief litigant counselor in 2024. Teniro SEC’s appeal notice was made in its case against Ripple.

The petition was foot In October last year, Judge Torres’s referee opposed 2023. At that time, the judge I found that XRP code for retail customers through the central stock exchanges did not violate the bases.

Tenreiro is not a person believed by the Ripple community. In December 2024, John Diton (a prominent lawyer representing thousands of XRP investors in the lawsuit against the Supreme Education Council) Described He is Gainsler, “Two of the Peas in the same SEC.”

He revealed that he would face a personal confrontation with Tenreiro, saying that the latter “misled a federal judge when he claimed that Amekos’s lawyer should not be appointed on behalf of XRP holders in the case of ripples.” In the end, Judge Torres asked Teniro’s request, which Diton described as “the best revenge.”

Less than a month ago, the Supreme Education Council saw its president, Gary Ginsler, to evacuate his position. The American is a huge enemy for the digital asset industry, with Stock organizer release Multiple legal battles against cryptocurrency during his term.

Gensler was replaced by Marc Oida, who He has A completely different approach to industry. These changes may lead to a faster result and possibly favorable to Ripple V. SEC benefits the entire encryption sector. but, XRP supporters must have somewhat realistic hopes Because of the complexity of the legal process.

What is new in the lawsuit?

Despite the resignation of Jinsler, the other conflict witnessed important Developments since the beginning of 2025. In mid -January, the Committee foot The first opening summary as part of its attractiveness, insists (again) that the original symbol of Ripple Classify potential. After a week, the company required April 16, 2025, for its summary.

Although the encryption industry has mostly supported the lawsuit, some financial institutions have Express support to second. On January 22, the non -profit organization is better markets classified XRP as a guarantee.

“XRP codes sold by Ripple Labs, INC. (” Ripple “) are investment cards regardless of whether investors have acquired them directly from Ripple or indirectly on secondary trading platforms.

They are investment contracts regardless of the level of development for buyers. In all cases, And led the investors You expect profits from the efforts of others, thus meeting the third part of the Howe of Investment Contracts Test, “reads its summary.