coinpedia
2025-07-25 04:22:59

Ripple vs SEC or Ripple vs XRP Holders? A Question No One Saw Coming

The post Ripple vs SEC or Ripple vs XRP Holders? A Question No One Saw Coming appeared first on Coinpedia Fintech News The Ripple vs SEC lawsuit has taken center stage once again, this time not in court, but on X (formerly Twitter). Although Ripple CEO Brad Garlinghouse recently announced that the case is “behind them,” the legal battle is still not over on paper. Political Ties Spark Controversy What’s stirring even more chatter is a new round of political allegations around Ripple’s involvement in the 2024 U.S. presidential election. A user on Twitter recently claimed that Ripple and its top executives largely supported Vice President Kamala Harris during the election, while avoiding support for Donald Trump. The donations have led to division within the XRP community. Many users are now questioning Ripple’s political stance, especially since a significant portion of the XRP fanbase is believed to support Trump. Ripple was sued under the Trump/Clayton administration, long before Gensler was appointed. Basic facts, sorry. — Marc Fagel (@Marc_Fagel) July 24, 2025 Some online posts hinted that the XRP community may have been unaware of the scale of these political donations and claimed that XRP holders should consider exiting around the $3.50 mark if Bitcoin rises beyond $125,000. Former SEC Lawyer Defends Timeline Amid all the political back-and-forth, former SEC lawyer Marc Fagel stepped in to correct the record about the origins of the Ripple lawsuit. He reminded users that the SEC’s case against Ripple was filed under the Trump administration, led by former SEC Chair Jay Clayton, not Gary Gensler. “Basic facts, sorry,” Fagel posted on Twitter. “This case was investigated and filed before Gensler was even appointed. Unless he had a time machine, Gensler didn’t initiate this.” When asked why Clayton chose to sue Ripple on his last day in office, Fagel explained that the decision had actually been made weeks earlier. Clayton likely voted before leaving to prevent delays that could have stalled the case for months while a new SEC chairman was confirmed. Gensler didn’t take over the role until nearly five months later.

Получите Информационный бюллетень Crypto
Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения