In a surprise decision, the SEC has granted Ripple a waiver allowing it to sell securities to private investors—directly contradicting previous court rulings in the XRP case.
What the Waiver Means for Ripple
✅ Private securities sales now allowed
🚫 Retail investor ban remains (per Judge Torres)
💰 New revenue stream unlocked for Ripple
⚖️ Legal experts baffled by SEC’s move
Why This Is Controversial
🔹 Judge Torres previously rejected similar requests
🔹 SEC bypassed courts with administrative waiver
🔹 Former SEC official Marc Fagel calls it “unprecedented and arguably lawless”
Fagel noted on X:
Potential Consequences
⚠️ Undermines judicial authority
⚠️ Sets risky precedent for crypto regulation
⚠️ Could face backlash if investors lose money
What’s Next?
📈 Ripple gains flexibility for fundraising
👀 Legal challenges possible (but unlikely)
🌪️ SEC’s credibility questioned after favoring crypto firm
