News update.

It appears that because of the new SEC appointees of the incoming Biden administration, Ripple might be saved and allowed to settle their case hehehe. Relist and pump?



Marc P. Berger, who was named Deputy Director of the Division of Enforcement at the US Securities and Exchange Commission (SEC) in August 2020, is leaving the agency before the end of the month, according to an SEC press release. He was appointed acting director of the division after Stephanie Avakian departed from the SEC in December.

Though Berger’s time in the top position was short, it bears at least one major highlight: the SEC’s $1.3 billion lawsuit against Ripple Labs, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen.

The lawsuit, which was unveiled at the tail end of Avakian’s tenure, alleges Ripple did not register the sale of XRP, the third-largest cryptocurrency by market capitalization.

Source https://decrypt.co/53897/sec-enforcer-behind-1-3-billion-ripple-lawsuit-stepping-down