Will Ripple win the appeal? SEC Crypto Enforcement unit is on the chopping block
- The SEC transferred a top litigator involved in the agency’s case against Ripple to its IT department.
- SEC Commissioner Hester Peirce said the agency is reviewing which crypto assets fall under securities classification.
- XRP could see a recovery and stage a rally to $4.00 if it holds the lower broadening wedge boundary.
XRP is down 3% in the early hours of Thursday as crypto community members anticipate that the Securities and Exchange Commission’s (SEC) appeal of the ruling in its case with Ripple will likely not stand following latest developments under the new administration.
Ripple vs. SEC case likely over with latest changes within the agency
Crypto community members are speculating that the Ripple vs…
