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XRP Lawsuit News: Atkins Won’t Dismiss The Ripple Case, SEC Vs XRP To Continue
Gary Gensler, the controversial head of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025, as announced by the agency recently. Gensler, who was widely criticized by crypto investors during his tenure, will leave just days before a major decision in the SEC's ongoing legal battle with Ripple, set for January 25, 2025.
However, despite Gensler’s departure, the future of the SEC's approach to crypto remains uncertain. Bill Morgan, an attorney closely following the case, pointed out that the SEC’s new chief litigation counsel, Jorge Tenreiro, is deeply involved in the Ripple litigation.
Tenreiro, who will be the key lawyer in the SEC v. Ripple case, may continue in this role even after the confirmation of the new SEC commissioner, Paul Atkins. Morgan expressed skepticism about any significant shift in the SEC's stance on crypto if Tenreiro remains in charge of the litigation.
Source:
CoinPedia News
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Gary Gensler, the controversial head of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025, as announced by the agency recently. Gensler, who was widely criticized by crypto investors during his tenure, will leave just days before a major decision in the SEC's ongoing legal battle with Ripple, set for January 25, 2025.
However, despite Gensler’s departure, the future of the SEC's approach to crypto remains uncertain. Bill Morgan, an attorney closely following the case, pointed out that the SEC’s new chief litigation counsel, Jorge Tenreiro, is deeply involved in the Ripple litigation.
Tenreiro, who will be the key lawyer in the SEC v. Ripple case, may continue in this role even after the confirmation of the new SEC commissioner, Paul Atkins. Morgan expressed skepticism about any significant shift in the SEC's stance on crypto if Tenreiro remains in charge of the litigation.
Source:
CoinPedia News
I told you so.
👑
#N4G
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