🔰Good morning everyone
🔥THE DRAMA OF XRP VS SEC CASE DEVELOPMENT CONTINUES....
‼️Recently the SEC has filed a Notice of Appeal against Judge Torres's Decision. And Ripple will also file a cross-appeal.
‼️⌛The latest news is that SEC Enforcement Director Grewal is pushing for law violations and chaos within the SEC.
She even admitted it to Tom Emmer officially in 2022.
‼️Because of this, Gurbir Grewal, the director of enforcement at the US Securities and Exchange Commission (SEC), resigned and left the agency, according to a press release on Wednesday.
Grewal's last day is October 11th. And Sanjay Wadhwa, Grewal's Deputy Director of Enforcement, will serve as the Acting Director of the SEC's Enforcement Division upon Grewal's departure.
‼️🔥While Brad Garlinghouse is giving an explanation on his X account :
"If Gensler and the SEC act rationally, they must have long forgotten this case. This case clearly does not protect investors and instead damages the credibility and reputation of the SEC."
Somehow, they still haven't received the message: they are losing in all the important aspects. Ripple, the crypto industry, and legal supremacy have won.
While we will fight in court for as long as we need to, let's clarify: XRP's status as a non-security is the current applicable law - and it does not change even in the face of misguided - and angry - appeals.
(Remember, when the SEC tried but failed to file an "interlocutory appeal", they made it clear that they did not intend to challenge XRP's status as a non-security.)"
Hope it's useful
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