Elon Musk’s DOGE Investigates SEC, What’s Next for Ripple?

A caller Dogecoin (DOGE)- related effort has begun investigating the United States Securities and Exchange Commission (SEC).

A recently formed X account, @DOGE_SEC, is spearheading this inaugural to uncover imaginable waste, fraud, and maltreatment wrong the regulatory body.

DOGE_SEC urging the public, Source: X

The DOGE_SEC relationship has urged the nationalist to stock accusation connected the SEC’s actions. “DOGE is seeking assistance from the public! Please DM this relationship with insights connected uncovering and fixing waste, fraud, and abuse,” the relationship posted.

This determination has drawn important attraction from the cryptocurrency community, peculiarly arsenic the SEC’s long-running suit against Ripple nears its conclusion.

Legal and fiscal experts person besides weighed in. Coinbase’s Chief Legal Officer, Paul Grewal, suggested a caller regularisation requiring the SEC to screen ineligible fees for defendants who successfully situation its lawsuits. Many successful the crypto abstraction person criticized the SEC’s enforcement approach, particularly regarding its ineligible battles with large blockchain firms.

Meanwhile, Ripple’s Chief Legal Officer, Stuart Alderoty, has hinted astatine upcoming revelations successful the lawsuit against Ripple, stating, “I person the receipts,” suggesting that cardinal documents exposing the SEC’s actions whitethorn soon beryllium made public.

Also Read: Ripple Expands Crypto Payments to Portugal with Unicâmbio