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19 April 2021

Petition Calls on New SEC Chairman to Drop Ripple Lawsuit and 'End War on XRP' – Regulation Bitcoin News

Petition Calls on New SEC Chairman to Drop Ripple Lawsuit and 'End War on XRP' – Regulation Bitcoin News


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Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens.

The petition also demands “a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by former SEC Chairman Jay Clayton.”.

Furthermore, the petition requests that “the SEC Inspector General conduct a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by former SEC Chairman Jay Clayton.” The petition alleges that Clayton and SEC Director of Corporate Finance William Hinman are “closely linked to financial interests in bitcoin, ether and financial technology business in the People’s Republic of China.”?

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