Big news about Ripple and the SEC (that's the government group that watches over money)! The SEC has been fighting with Ripple, a cryptocurrency company, for a long time. Things might be changing soon!
- The SEC's boss, Gary Gensler, left his job.
- Another important SEC lawyer also changed jobs.
- These changes might mean the SEC will end its fight with Ripple.
- Ripple might not have to pay the $125 million penalty anymore!
What happened | Details |
---|---|
SEC Boss Left | Gary Gensler left his position. |
Important Lawyer Moved | Jorge Tenreiro was moved to a different job. |
Possible Outcome | Ripple might avoid paying $125 million. |