Ripple CEO responds to the SEC’s incredible decision

Ripple CEO Brad Garlinghouse has it I responded The SEC’s surprising decision to remove the Coinbase case claims that the agency is “quickly” moving from the policies of previous administrations.

“It’s enough to say (I know there are many impatience people, including me!) and this SEC is soon after the regulations failed by the last administration’s enforcement policy (! ) shows a clear interest in moving forward quickly,” he said. .

As Reported by U.TodayCoinbase CEO Brian Armstrong announced that the agency will withdraw the lawsuit against major US exchanges. In particular, trading platforms do not have to pay even symbolic fines or offer concessions.

Attorney Jeremy Hogan also noted that the case was actually dismissed due to bias.

“I don’t think this SEC is waiting for Atkins to be confirmed before making a big crypto move,” he said.

The new SEC administration was expected to adopt a much more friendly stance towards codes, but the decision still surprised many industry participants.

Is Ripple in the next column?

As Reported by U.Todayformer SEC official John Reed Stark predicts that the appeal against Ripple will be withdrawn in the near future.

This prediction is reflected by Hogan. Legal analysts believe that many of the talkative cases will be removed “quickly.”

that’s right Possible The SEC has not yet dropped Ripple cases due to the fact that it prioritizes cases with imminent deadlines. The SEC submitted its opening brief last month. Ripple also asked the court to file an appeal cream by April 16th.