Ripple’s Stuart Alderoty comments on Gary Gensler’s exit, signaling hope for pro-crypto SEC leadership.- SEC shake-up stirs optimism for XRP’s regulatory clarity and Ripple’s legal battles.
- Alderoty’s “Gary Who?” jab highlights Ripple’s focus on XRP’s future amid SEC leadership changes.
Gary Gensler’s resignation as SEC Chair on January 20, 2025, marks a major turning point for the cryptocurrency market, especially XRP. Since his tenure began in April 2021, Gensler’s leadership focused on strict enforcement policies, leaving a significant impact on Ripple and its token, XRP.
With Gensler stepping down, investors are wondering if this leadership change could spark a rally in XRP’s price or lead to further consolidation. The political backdrop, including Donald Trump’s presidency and the potential appointment of Paul Atkins as SEC Chair, adds to the anticipation.
Gensler’s SEC Tenure and Ripple’s Legal Struggles
Gensler’s time at the SEC was defined by aggressive regulatory measures. During his tenure, the agency pursued over 2,700 cases, secured $2.7 billion in invest…
Source:coinedition.com