SEC Enforcement Director Gurbir Grewal Resigns, Ripple Case Continues 🚀

- Gurbir Grewal announced that he will resign from his position at the SEC on October 11, 2024. This sudden exit came right in the middle of the Ripple case.

- Sanjay Wadhwa was appointed as his replacement on an interim basis. Wadhwa stands out with his 21 years of SEC experience.

- Renowned crypto lawyer Jake Chervinsky described Grewal's resignation as "not normal."

- The SEC's objection to the Ripple case has created controversy in the legal world. Attorney Jeremy Hogan called this move a "big mistake."

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