Rumors are circulating that SEC Chairman Gary Gensler may be fired or resign following Trump’s election. Some believe that his departure and possible replacement with a pro-crypto leader could boost the market, especially Ripple’s XRP. It is speculated that Ripple’s XRP will be among the top performers in such a scenario, with some attorneys predicting that the SEC may dissolve all non-fraud crypto lawsuits filed over the years, including the one against Ripple.
However, others argue that such a dismissal is “unrealistic” and that the $125 million fine is the biggest win the SEC can gain from the case.
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<p>The post Gary Gensler’s Potential Departure: Ripple’s XRP to Benefit? first appeared on CoinBuzzFeed.</p>
