Musk’s DOGE Investigates SEC—Will It Impact The Ripple Lawsuit?

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Bitcoinist 1d ago

Musk’s DOGE Investigates SEC—Will It Impact The Ripple Lawsuit? - Bitcoinist

Quick Summary:

The Elon Musk-led US Department of Government Efficiency (DOGE) has set its eyes on conducting an in-depth investigation on the Securities and Exchange Commission (SEC) as part of the agency’s target to cut government wastage of funds.

Some individuals are pushing to conduct a probe on how the SEC handled the ETH Gate controversy and the case against Ripple, accusing the former SEC head Gary Gensler of political favoritism in his decisions.

Analysts believe that the Crypto Task Force will also have a vital role in resolving non-fraud-related crypto cases.