The U.S. Securities and Exchange Commission’s (SEC) Enforcement Director Gurbir Grewal has announced that he will be stepping down from his post on October 11, 2024. 🌟 This sudden departure comes at a critical time when the SEC is preparing to appeal the Ripple case. Sanjay Wadhwa has been appointed as Grewal’s replacement on an interim basis, and this development has had a huge impact in the crypto world. 🚀 Legal experts believe that this move could ease the SEC’s pressure on crypto.