Ripple CLO appeals to DOGE: “Investigate the SEC”
Ripple CLO Stuart Alderoty has knocked on the door of the Department of Government Efficiency ($DOGE ), headed by Elon Musk.
Ripple, which continues its legal battle with the SEC, took a deep breath after Donald Trump won the US presidential election. The crypto-supporting Trump announced that he will give Elon Musk a role in the government he will take over on January 20. Musk will be the head of the Department of Government Efficiency (DOGE), which will conduct corruption and similar investigations.
#Ripple CLO Alderoty has filed a complaint against the SEC, the US regulatory body, to DOGE. Alderoty claimed that the SEC misused taxpayers’ funds.
The Ripple side is requesting #DOGE , known as the Department of Government Efficiency, to audit the SEC’s spending.
SEC cornered: Ripple knocked on DOGE's door
The rise of a new department, the Department of Government Efficiency (DOGE), under the leadership of Elon Musk and Vivek Ramaswamy, is remarkable. The crypto ecosystem thinks that DOGE will regulate the crypto industry.
The community, which especially demands an investigation into the sanctions imposed by the SEC on the crypto sector, is demanding the dismissal of SEC Chairman Gary Gensler.
DOGE, which oversees the spending and liabilities of government institutions, is asked to put the SEC on its radar. Ripple CLO Alderoty claims that the money spent by the SEC on crypto investigations is inconsistent.
Alderoty, who wants the money spent by the SEC to be revealed so far, argued that regulatory clarity should be brought to the sector as soon as possible.
Speculation has increased that the SEC will suffer a decisive defeat in the case it filed against Ripple and that SEC Chairman Gensler will be dismissed. These speculations have pushed the XRP price above $ 1.
$BTC $XRP $DOGE