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Author: ges ✧🐝  😊 😞
Number: of 15062 
Subject: So much corruption!
Date: 03/20/2025 8:53 AM
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Getting mighty swampy around the Trump/Musk Whitehouse.

SEC Drops Case Against Crypto Firm With Ties to Trump

What Happened: The Securities and Exchange Commission has quietly dropped its case against Ripple Labs, a cryptocurrency firm whose CEO, Brad Garlinghouse, has close ties to Trump. The SEC had sued Ripple for raising $1.4 billion through unregistered securities but abandoned its appeal just weeks after Garlinghouse attended Trump’s White House crypto summit. Ripple also donated $5 million to Trump’s inaugural committee.

Why It Matters: Pure corruption. Trump’s SEC is letting allies off the hook while gutting financial regulation. Ripple dodges a $125M fine, Garlinghouse praises Trump, and the message is clear—justice is for sale.

Source: ABC News

https://abcnews.go.com/US/sec-drops-case-crypto-fi...

Brad Garlinghouse, the CEO of Ripple Labs, said on the social media platform X that the case against his company "has ended."

"Today is a victory -- and a long overdue surrender by the SEC," he said.

An SEC spokesperson declined to comment to ABC News.

The move, which was not confirmed by the SEC, prevents Ripple from potentially facing a $125 million fine -- and comes less than two weeks after Garlinghouse was at the White House for President Donald Trump's crypto summit.

Ripple also donated $5 million to Trump's inaugural committee, sources previously told ABC News, and Garlinghouse posted a photo to social media of him meeting with Trump in January.

Everything is transactional with Trump. Pay to play. Quid pro quo.

All those silly little MAGA people who worship this POS...they are just tools and Trump gives not one shit about them.
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