You seem confused. What does Kamala had to do with ripple lawsuit? SEC is an independent agency,...
Kamala Harris is the sitting vice president in the current administration. They appointed Gensler and could have appointed someone else if they wanted the prosecution of Ripple to stop.
And yet, they didn't do anything. They just let the lawsuit and the prosecution go on. So now they have to problem aiding their campaign from the same organization their administration was trying to wipe out.
Had this lawsuit gone a little differently, XRP would have been a thing of the past, its price completely wiped out. I hope the irony is not lost here.
Lol, like presidents would pretend being experts on that field and canceling someone's job because they feel, that they shouldn't go after Ripple? Oversight not a job of a president, it's a job of a congress. If congress sees that they aren't doing their job, president can fire point new head for SEC.
And let's not pretend like legality ripple's practices wouldn't be better to be solved by professionals in court? You really think that president should be expert on technical legalities of securities and overseeing every case because they sure have time and expertise for that. That's rich, because even no one in here seem to know securities laws even superficially.
And like i already pointed out in here or somewhere -> like some other head of SEC wouldn't do their job? And that's Gensler is doing; his literal job description.
Also SEC went after crypto companies way before Biden's era.