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Bitcoin.com News|Feb 23, 2025 00:38
The SEC’s crypto crackdown is crumbling! 🚨
Ripple’s appeal? Likely the next to fall, says ex-SEC enforcement chief John Reed Stark. The SEC has already backed down from key crypto battles, with enforcement grinding to a halt. Now, major restructuring is underway—crypto enforcement is out, and a new "cyber unit" is in.
Why the shift? Stark says the new SEC leadership is done fighting crypto in court. No more pushing digital assets as securities—for now. And with "Crypto Mom" Hester Peirce leading a task force, the agency's future in crypto enforcement looks uncertain.
Massive shake-up, legal retreats, and a leadership overhaul. Is this the dawn of a new, crypto-friendly SEC? Are XRP holders about to get the ultimate win? 🚀
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