CEO of Ripple Brad Garlinghouse It was a reaction To SEC’s surprising decision to drop the Coinbase case, claiming that the agency is now moving “quickly” from the previous administration policies.
He said: “It is sufficient to say (as I know that there are a lot of patience, including me!), This Supreme Education Council has shown clear interest in moving forward (!) From the failed list through the enforcement policies at the last administration.” .
like It was mentioned by u.todayCoinbase CEO Brian Armstrong announced that the agency will drop the case against the leading American stock exchange. It is worth noting that the trading platform will not have to pay a symbolic fine or make any concessions.
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Lawyer Jeremy Hogan also indicated that the case was actually rejected with bias, which means that it can be drafted at a later time.
“I think this Supreme Education Council is not waiting for Atkins confirmation before making large encryption movements,” he said.
Although the new SEC administration is expected to adopt a more friendly position towards encryption, the decision is still discovered by many participants in the industry.
Is the next Ripple in the queue?
like It was mentioned by u.todayFormer SEC official John Reed Stark also expected the appeal against Ripple in the near future.
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This prediction was repeated by Hugan. Legal analyst believes that the cost of the cost that speaks a lot will be dropped soon.
that it maybe The Supreme Education Council has not yet fallen as a case due to the fact that it gives priority to cases with imminent final dates. SEC presented the opening summary last month. Ripple also asked the court to submit its summary by appeal by April 16.
