Ripple CEO notes that over these 4 years, the SEC lawsuit has not only stifled innovation and prevented growth but also wiped out approximately $15 Billion in shareholder value — all over nothing.
It is worth noting that the man who was leading the charge against Ripple announced his resignation from the SEC immediately following Trump’s election victory and formally resigned on his inauguration day.
It is safe to presume that had the election gone differently, this outcome would not have occurred (despite Ripple’s Chris Larsen publically donating $1 Million to the Kamala Harris campaign).
This new administration takes a markedly different attitude toward crypto — one that promotes innovation, competiton, and growth in this exciting, burgeoning industry.
Congratulations, Ripple!
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