US Senator Warren suspects the White House on SEC decisions and demands an investigation
- Senator Elizabeth Warren wrote to the General Inspector of the SEC Deborah Jeffrey, and demands an investigation whether officials have influenced the Trump government decisions on the In favor of SEC in favor of crypto companies.
- In Warren’s letter alone becomes Ripple because of the SEC, which is surprising to the entire industry, to withdraw their calling in the Ripple procedure, called eight times.
Senator Elizabeth Warren Has Ripple Labs with one Letter from April 2 put in the limelight in which you Office of Inspector General there sec prompt to examine a possible political interference in enforcement measures in connection with cryptocurrencies.
The name Ripple was eight times in her appeal directly mentioned. In the letter, Senator Warren describes in detail how the SEC has undertaken a number of extraordinary steps since President Trump took office, which apparently benefits the President’s business interests
Also The connection of Ripple-CEO Brad Garlinghouse to Trumps The environment was questioned.
Letter signed by Senator Elizabeth Warren April 2, to investigate undue influence over recent SEC decisions. @Ripple mentioned 8 times with questions like, " Who had advance knowledge of the SEC’s decision to dismiss its case against Ripple Labs?" and what is Trump’s relationship… pic.twitter.com/gFIrzOizzt
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Crypto Eri ~ Carpe Diem (@Sentosumosaba) April 5, 2025
It was about measures against prominent crypto providers such as Binance, Coinbase and Tron. A common topic here was the time of the measures, with the crypto companies taking place several days after political donations or participation in the white house events.
Im Fall From Ripple was the decision there sec , to reduce the penalty of $ 125 million, particularly remarkable, especially after a donation of $ 5 million Trumps Inaugural committee and participation From Garlinghouse At a crypto summit in the White House.
The letter stated that people like Paul Atkins, Trumps Candidate for the SEC presidency, great interests in the crypto company Securitizen and Anchorage Digital, to companies that are connected to Ripple and have favorable SEC decisions on other beneficiaries.
Warrens letter called for the complete protocols of communication of the SEC with the White House, SEC employees, Trump employees and crypto managers to determine whether There are conflicts of interest.
Urgent request in the Ripple case Bechteme the development
After Warren’s letter The Ripple-Sec case received another sudden turn. On the same day was one Urgency application von Justin W. Keener submitteda dealer with experience in enforcing regulations At the Sec .
How CNF reportedhat Keener although he doesn’t himself in the case is involvedexplains that he is over Proofs have die Ripple in his defense help could.
NEW: An odd filing just now in the @SECGov vs. @Ripple docket — an emergency request to “present decisive evidence in favor of the defendants and in favor of liberty for the American people.”
The letter, from a man named Justin W. Keener, doesn’t make clear what the so-called… pic.twitter.com/AQSDFIW6gi
— Eleanor Terrett (@EleanorTerrett) April 3, 2025
He was not ready to comment on concrete ones, but said that his work could have an impact on crypto regulation and Both the interests of Ripple and the Digital Asset Politics in the United States could serve.
Although his claim has a sensational tone, have Ripple and the Sec not yet on Keeners Statement Reactsand the court gave no indication of whether es will be taken into account. His statements bring additional uncertainty into a highly controversial procedure that will be pending for almost four and a half years.
The company recently showed willingness to compromise by making a fine of $ 50 million, while the SEC originally called for $ 125 million.
For its part, the SEC has indicated, an existing order that has been in existence Operation From Ripple limited to lift.
Despite the severe price loss, XRP could create a bullrun
At the same time device XRP Strong pressure on the market . Be Wert is in the last 24 hours by 20.43 % and in the last Week fell by 19.95 % .
XRP is currently being traded at $ 1.67 And in the month comparison has a decline of 29.17 %. Despite the decline, the 24-hour trade volume is a 314.59 % increased to $ 8.95 billion, which is a sign that The activity on the market is high.
Some investors are concerned about the latest price decline; Others, like the well-known crypto analyst Egrag Crypto, are however Optimistic about the future of XRP .
EGRAG CRYPTO hat recently made a predictionthat the price of XRP can increase significantly, with cryptocurrency a Sprung will be recordedas long as she stays over $ 2.
The analyst refers to historical trends and forecast If the course a similar course as in previous years takesa large price increase could be imminent. The analyst believes that The prospects for the next three to six months positive for XRP are with possible targets at $ 7.50, $ 13.70 and $ 27.30.
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