Opinion: The dismissal of the Ripple lawsuit signifies the end of the US SEC's crusade against the cryptocurrency industry
According to CNBC, Ripple announced this week that the U.S. Securities and Exchange Commission has officially withdrawn its four-year lawsuit against the company. CNBC reported that this represents the end of the SEC's years-long crackdown on the cryptocurrency industry. The Ripple case could be seen as the final chapter in related lawsuits, as it was initiated on Jay Clayton's last day as chairman of the SEC.
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