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Crypto “Dad” Giancarlo Feels Vindicated After Ripple’s Win
In a major victory for the company and its supporters, the Securities and Exchange Commission (SEC) has agreed to withdraw its appeal in the Ripple vs. SEC case. This news comes as a vindication for Christian Giancarlo, a former chairman of the Commodity Futures Trading Commission, who had earlier predicted that the agency would drop its case against Ripple.
In an interview, Giancarlo expressed his relief and satisfaction with the outcome, stating that he was “vindicated” by the development. It is worth noting that Giancarlo’s firm has been providing counsel to Ripple, which could have influenced his assessment of the situation.
The news comes as a significant milestone for Ripple, as it would put an end to a long and contentious legal battle with the SEC.
Source: https://u.today/crypto-dad-giancarlo-feels-vindicated-after-ripples-win
