As he bid farewell, Hogan reflected on his unexpected journey, which began in December 2020 when he first encountered the Ripple lawsuit. Over the years, he became one of the most trusted voices in the XRP space, providing legal analysis, updates, and even moments of levity amid the tense regulatory proceedings.

Dear Friends, My time on X has come to an END.

I had no idea that when I saw that article about the Ripple lawsuit back on Christmas 2020 (yes, that long ago!), that it was the Christmas gift that would take me to places I never imagined.

Thank you for being on this journey… pic.twitter.com/bxKIUSbsUs

— Jeremy Hogan (@attorneyjeremy1) March 22, 2025

A Legal Voice in the Crypto Landscape

Jeremy Hogan was more than just an attorney commenting on legal matters—he became a guiding light for the XRP community during one of its most turbulent times. As Ripple battled the SEC’s allegations, Hogan’s ability to break down complex legal proceedings into digestible and engaging updates set him apart. His analysis provided valuable insights and helped guide many in the crypto space through uncertain regulatory waters.

Throughout the lawsuit, Hogan remained objective yet optimistic, dissecting court rulings, motions, and legal strategies with clarity that few could match. His work helped demystify legal jargon for thousands of XRP holders and crypto enthusiasts who sought to understand the consequences of the ruling. Whether it was discussing the Hinman documents, fair notice defense, or settlement possibilities, his legal expertise proved invaluable.

A Source of Trust and Engagement

Beyond his deep legal insights, Hogan cultivated a sense of community. He didn’t just inform—he engaged. His posts often carried a lighthearted touch, making legal analysis more accessible and enjoyable. Many within the XRP community came to see him as not just an attorney but a friend—someone genuinely invested in the outcome of the case and the well-being of those following it.

As the lawsuit nears its conclusion, he has chosen to step down, proud to have seen the case through its final stages. His departure leaves a noticeable void, but his impact remains ingrained in the XRP ecosystem.

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— TimesTabloid (@TimesTabloid1) July 15, 2023

A New Chapter Beckons

In his farewell post, Hogan hinted at new adventures ahead, though he did not specify what those might be. His parting words, referencing Gandalf from The Lord of the Rings, encapsulated a sense of closure and transition. His final advice—to find a good woman and hold her tight—added a personal and heartfelt touch, characteristic of the connection he built with his audience.

While his presence on X may end, Jeremy Hogan’s influence within the XRP community will not be forgotten. His dedication, integrity, and ability to navigate the intersection of law and crypto with clarity and humor have left a lasting legacy. For many, he will always be the attorney who stood by XRP holders, illuminating the legal path with knowledge and wit.

As the XRP community moves forward, it does so with gratitude for Hogan’s role in shaping its understanding of regulatory battles. Wherever his next journey takes him, he leaves behind a community that remains stronger and more informed because of his contributions.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Jeremy Hogan’s Analysis of the Ripple Case

Legal expert Jeremy Hogan provided further insights into the implications of this development. According to Hogan, the SEC’s decision to drop its appeal means that the judgment from Judge Torres, which included a $125 million penalty and an injunction, represents the extent of Ripple’s liabilities in this case.

Hogan outlined four potential scenarios for what comes next:

• Ripple may continue its appeal to seek a ruling from an appellate court on whether investment contracts require formal agreements.
• Ripple could agree to drop its appeal, allowing jurisdiction to return to the trial court, where both parties might attempt to amend the existing judgment.
• Another possibility is that Ripple agrees to drop its appeal, leading to a private agreement between the parties without modifying the judgment.
• Lastly, Ripple might choose to pay the $125 million penalty and proceed without further legal action.

Soooo, for a little more detail (2nd try):

1. The SEC has apparently dropped its appeal, but we don't know if Ripple agreed to the same.
2. This means, as far as negative outcomes, the judgment from Judge Torres is the WORST it can get ($125mil plus injunction).
3. There are 4…

— Jeremy Hogan (@attorneyjeremy1) March 19, 2025

Regulatory and Market Implications

This development signifies a notable shift in the regulatory landscape for cryptocurrencies. The SEC’s decision to withdraw its appeal is viewed as a resounding victory for Ripple, potentially setting a precedent for how digital assets are regulated in the United States. 

Ripple’s legal victory could influence how regulators approach cryptocurrencies in the future. By avoiding further litigation, the SEC may be signaling a shift in its enforcement strategies, possibly focusing on more concrete regulatory guidelines instead of prolonged legal battles.

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XRP’s Market Reaction and Future Prospects

Market reactions to the news have been swift. XRP, the native cryptocurrency of the Ripple network, experienced a significant price surge, reflecting renewed investor confidence. This uptick underscores the market’s positive reception to the resolution of the legal uncertainties that have long surrounded Ripple and its operations. 

With legal uncertainties diminished, Ripple is now in a stronger position to advance its mission of revolutionizing cross-border payments. The conclusion of this lawsuit not only benefits Ripple but also has broader implications for the cryptocurrency industry. It may influence how regulatory bodies approach digital assets in the future, potentially leading to more defined and favorable regulatory frameworks.

The SEC’s decision to drop its lawsuit against Ripple marks a watershed moment for the company and the cryptocurrency sector at large. While the next steps remain uncertain, this outcome clears a major roadblock for Ripple and strengthens its standing in the digital asset space. As the industry continues to evolve, the resolution of such high-profile cases will play a crucial role in shaping the future of cryptocurrency regulation and adoption.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Jeremy Hogan Explains What Comes Next for Ripple and XRP After SEC Drops Case appeared first on Times Tabloid.

The speculation gained momentum after X Finance Bull, a well-known crypto influencer, described Hogan’s insight as a “bombshell” for XRP. According to X Finance Bull, such a settlement would allow Ripple to move forward without legal constraints, give institutions the confidence to engage with XRP, and usher in a new era for digital assets.

Jeremy Hogan just dropped a bombshell on $XRP

A private settlement with the SEC could end the lawsuit without a court battle.

No appeals. No delays. Just clarity.

If this happens, Ripple moves forward, institutions get the green light, and XRP enters a new era.

Meanwhile,… pic.twitter.com/pdKWuilhcZ

— X Finance Bull (@Xfinancebull) March 14, 2025

The Clue in Eleanor Terrett’s Report

The renewed speculation about a possible settlement began when Fox Business journalist Eleanor Terrett posted that the lawsuit is “in the process of wrapping up and could be over soon.” This statement immediately caught Jeremy Hogan’s attention, prompting him to analyze how the case could conclude quickly.

Hogan concluded that the only realistic way for the lawsuit to end in the short term would be through a private settlement between Ripple and the SEC. This would mean dismissing the SEC’s appeal of Judge Analisa Torres’ ruling, avoiding a return to court for further proceedings, and negotiating a private settlement that does not require court ratification. If this happens, the lawsuit would effectively end, sparing both parties from a drawn-out legal battle that could extend for years.

Legal Complexity: The SEC’s Possible Compromise

While a settlement appears to be the best-case scenario for Ripple, Hogan pointed out a significant challenge: the SEC previously secured an injunction against Ripple, restricting certain XRP sales. For a private settlement to work, the SEC would likely need to agree not to enforce that injunction.

Initially, this move looks unexpected, however, Hogan speculated that a more indirect approach could provide a solution. Instead of outright abandoning the injunction, the SEC could allow Ripple to register its institutional XRP sales under a structured regulatory framework. This would enable Ripple to operate with legal certainty while allowing the SEC to maintain its regulatory stance without openly contradicting the court’s ruling.

Such an arrangement would provide Ripple with the clarity it needs to move forward while ensuring that the SEC does not appear to be backing down completely. If this compromise is reached, it would mark a critical moment in the case, as it would establish a legal pathway for Ripple’s institutional sales while closing one of the most contentious legal battles in crypto history.

XRP’s Future Hinges on This Decision

X Finance Bull emphasized the enormous implications of a private settlement. If Ripple and the SEC reach an agreement, it would remove a regulatory hurdle that has stifled XRP’s growth and adoption. Once legal clarity is established, Ripple can safely expand its operations, without worrying about potential lawsuits or regulatory penalties.

Institutional investors, who have been hesitant due to the ongoing lawsuit, would likely regain confidence in XRP if a clear legal framework provided the assurance they need to engage with the asset. This could lead to a surge in institutional adoption.

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— TimesTabloid (@TimesTabloid1) July 15, 2023

The XRP price has closely followed the lawsuit’s progress, surging on favorable rulings and dropping on unfavorable ones. A definitive resolution, especially one that avoids a prolonged appeals process, could stabilize the market and enable XRP to regain its footing as a top digital asset.

Why the SEC Might Choose to Settle

A private settlement could be a win-win solution for Ripple and the SEC, offering a more efficient resolution than prolonged litigation. The regulator has faced increasing scrutiny over its inconsistent approach to cryptocurrency regulation, and an extended legal battle with Ripple could further damage its reputation. By settling, the SEC could claim a regulatory victory while providing the crypto industry with a structured path for compliance.

An appeal would prolong the legal battle for years, keeping the case in the public eye and exposing the SEC to further criticism. Another factor in favor of a settlement is Ripple’s strong legal position. Judge Torres’ landmark ruling that XRP’s secondary sales aren’t securities has significantly weakened the SEC’s case against Ripple. Rather than risk further legal defeats, the SEC might opt for a compromise that allows some oversight while avoiding another unfavorable court decision.

A Defining Moment for XRP and Crypto Regulation

Jeremy Hogan’s analysis, amplified by X Finance Bull’s insights, presents a compelling case for a private settlement that could end the SEC lawsuit much sooner than expected. If this scenario unfolds, it would be one of the most significant moments in XRP’s history, providing legal clarity, unlocking institutional adoption, and setting a precedent for cryptocurrency regulation in the United States.

The outcome of this case will have far-reaching consequences for Ripple and the broader digital asset industry. A private settlement may usher in a new era for XRP, bringing regulatory certainty, institutional investment, and market growth.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Attorney Jeremy Hogan Drops a Bombshell on XRP appeared first on Times Tabloid.

The SEC recently filed Form C for its appeal against Ripple, and Hogan’s criticism was direct, calling the SEC’s move a “chicken” decision.

He explains that the SEC’s appeal only targets specific rulings, specifically Ripple’s programmatic sales of XRP on exchanges and its use of the token for payments. Notably, the agency did not appeal the ruling that XRP itself is not a security, a victory Ripple has already secured.

Hogan’s Opinions on the SEC Actions

Hogan referred to the SEC’s strategy as an opportunity to gain more money but achieve little. His frustration lies in the fact that the SEC could have presented its case against Ripple’s executives, Brad Garlinghouse and Chris Larsen, in front of a jury rather than attempting to revive those claims now.

The SEC initially sued Garlinghouse and Larsen for aiding and abetting unregistered securities sales, but dropped all charges against the executives in late 2023, marking another notable victory for Ripple. Hogan likened the revival of the charges to a retreat, suggesting it was done to avoid a full trial in front of the public, which he termed “a chicken move.”

Hogan also explained de novo, emphasizing that the appellate court will review the legal questions without deferring to the lower court’s decision. This means the SEC is challenging the interpretation of laws rather than factual findings.

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— TimesTabloid (@TimesTabloid1) July 15, 2023

The SEC’s appeal has broader implications, with Hogan warning that it could backfire. While a win for the SEC might result in financial penalties for Ripple, Hogan argued it would not protect investors, which is the SEC’s primary mission. Ripple’s cross-appeal could also curtail the SEC’s authority to push the security label on cryptocurrencies.

Beyond Hogan, Ripple’s CEO Brad Garlinghouse voiced his frustration, stating that the SEC’s actions are doing more harm than good. According to Garlinghouse, the agency should have let go of the case after its initial defeat. However, the company is committed to fighting the SEC, and a victory in the appeal would solidify XRP’s position as a leader in crypto regulation in the U.S.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Attorney Jeremy Hogan Says SEC Appeal of XRP Victory Is A Chicken Move. Here’s why appeared first on Times Tabloid.

Hogan suggests that the SEC’s final brief may be less impactful than initially anticipated. He points out that the SEC seemingly avoided directly challenging Ripple’s sales of XRP through its On-Demand Liquidity (ODL) service, focusing instead on claims that Ripple is attempting to re-argue settled points. Additionally, he suggests the SEC did not present new evidence regarding potential damages.

The Ripple v. SEC briefs are FINISHED!

And I think the SEC went out with a whimper here.

It didn't even try to attack ODL sales, just noting that Ripple was trying to re-litigate the issue (which it is).

And it brought nothing new on damages.

Just waiting for The Judge now! https://t.co/r8nxNMTzqj pic.twitter.com/Futa93lXUb

— Jeremy Hogan (@attorneyjeremy1) May 8, 2024

Read Also: Ripple CTO David Schwartz Clarifies Key Aspects of the SEC Appeal

This perspective aligns with prior statements from Hogan, who previously predicted a court-ordered penalty of $100 million for Ripple. This prediction stands in contrast to the SEC’s initial request for a $2 billion penalty. The conclusion of the briefing phase now places the focus squarely on the presiding judge. Hogan and other observers anticipate appeals from either party regardless of the court’s final ruling.

Background of the Lawsuit

The SEC filed suit against Ripple in December 2020, alleging that the company’s sale of XRP violated securities laws. The SEC argues that sales of XRP are an investment contract and that Ripple failed to register the sales. Ripple maintained that XRP is not a security and is exempt from registration requirements. The court agreed with Ripple, ruling in July 2023 that non-institutional sales were not securities offerings.

ODL Sales and the SEC’s Strategy

Hogan’s observation regarding the SEC’s apparent avoidance of the ODL issue is noteworthy. ODL is a service offered by Ripple that facilitates cross-border payments using XRP.  If the SEC were to successfully argue that XRP sales through ODL constitute unregistered securities offerings, it would significantly strengthen their overall case.

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— TimesTabloid (@TimesTabloid1) July 15, 2023

Read Also: Ripple Case in Limbo? Ex-SEC Chair Drops Bombshell On XRP Lawsuit

However, Ripple has also moved away from XRP and is using USDT to settle ODL transactions for U.S. customers, showing a willingness to comply with the legal framework in the U.S., and further weakening the SEC’s claim to a large penalty.

With the briefing phase concluded, all parties await the judge’s decision. Following the verdict, appeals are highly likely, potentially leading to a protracted legal battle.

A significant class action lawsuit was recently filed against Coinbase, arguing that eight cryptocurrencies are securities. If the court rules against Coinbase, it could strengthen the SEC’s case if it appeals the July ruling.

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The post Ripple v. SEC Lawsuit As of May 9, 2024: “Waiting for the Judge” appeared first on Times Tabloid.

Last month, the SEC raised the stakes by seeking a hefty $2 billion penalty against Ripple for alleged violations of securities laws regarding institutional XRP sales.

Ripple has contested these charges, and its Chief Legal Officer, Stuart Alderoty, outlined the company’s official opposition earlier this week. Their arguments counter the SEC’s claims and propose a significantly reduced penalty, ideally not exceeding $10 million.

Penalty, Timeline for Conclusion, and Appeal

With the case entering its final phase, industry observers are offering their predictions on the potential outcome. Attorney Jeremy Hogan is one such figure, suggesting the dispute might be settled for $100 million. He believes the judge will order $0 in disgorgement instead of the SEC’s proposed $876.3 million but will order Ripple to pay $100 million as a penalty.

Hogan bases this prediction on his analysis of the case so far and anticipates a conclusion by July or August this year. However, he believes both parties will file notices of appeal, which will send the case to the D.C. Appeals Court. He believes the ruling will come in 2025.

As promised, here I am gulping coffee, discussing Ripple's Remedy Brief, and hypothesizing about how/when the Ripple v. SEC case will END.

Watch the last minute if you also want to see the most beautiful Angel ever sent down to earth to dillydally amongst us humans. Sorry… https://t.co/hawkZJgIt2

— Jeremy Hogan (@attorneyjeremy1) April 23, 2024

Ripple’s Potential Advantage

Many within the cryptocurrency community believe Ripple holds a stronger position due to its three consecutive victories in court throughout 2023. A significant win in July saw Judge Torres rule that Ripple’s programmatic sales on secondary trading platforms did not constitute security offerings.

This decision was further bolstered when the magistrates rejected the SEC’s attempt to appeal this ruling. Later in the year, the SEC also dropped its aiding and abetting charges against Ripple’s CEO, Brad Garlinghouse, and Executive Chairman, Chris Larsen.

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— TimesTabloid (@TimesTabloid1) July 15, 2023

The outcome of this lawsuit will significantly impact XRP and the broader cryptocurrency market. Many believe an unfavorable ruling could cause an XRP decline. The lawsuit has hampered XRP’s growth, and a significant decline could drive away old investors and deter new investors.

From Hogan’s analysis, the lawsuit could go on longer once both parties appeal, but investors are hopeful that this will not hinder XRP’s performance in the 2024 bull run.

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The post Expert Predictions On Ripple Penalty, Significant Decisions and Appeal Timeline appeared first on Times Tabloid.

Hogan’s comments came in response to a now-deleted post by former SEC official Marc Fagel, which sparked a discussion on the impact of the SEC on XRP’s price. The conversation unfolded shortly after the SEC requested permission to file an interlocutory appeal in the ongoing Ripple lawsuit.

Read Also: XRP Lawsuit: Top Lawyer Says Judge Torres’s Decision Has Never Been Reversed On Appeal

Criticism Towards the SEC

Following the viral news of the SEC’s appeal request, the price of XRP experienced a significant decline, plunging to around $0.6273. Attorney Bill Morgan expressed his disapproval of the situation, attributing the price drop to the SEC’s actions.

In a sarcastic tone, he questioned the SEC’s commitment to investor protection. Fagel responded to Morgan’s remarks but later deleted his comment due to criticism from XRP enthusiasts.

Ripple’s Limited Influence on XRP Price

Attorney Hogan intervened in the conversation, asserting that Ripple Labs does not exert direct influence over the price of XRP. Instead, he pointed out that it is the actions of the SEC that contribute to price changes. Hogan added a tinge of irony, describing the situation as “strange.”

Actually, nothing Ripple does has any real effect on XRP price, only the actions of the SEC change its price… strange.

— Jeremy Hogan (@attorneyjeremy1) August 10, 2023

SEC’s Negative Impact on XRP Price

It is noteworthy that the SEC’s actions have had a significant negative impact on the price of XRP. When the SEC charged Ripple and two executives with violating securities laws, XRP experienced a steep decline of 25% to relatively $0.35. The coin continued to face substantial price drops in the days following the announcement.

Further complications arose when prominent US-based exchanges, including Coinbase, announced their decision to delist XRP due to the lawsuit. This led to another sharp drop in value, as XRP tumbled by as much as 31% to around $0.20.

Read Also: Ripple CTO Schwartz Points Up Why SEC Cannot File Immediate Appeal Against XRP Victory

However, over the course of two years, XRP, along with other cryptocurrencies, witnessed substantial gains even amid the SEC’s lawsuit. Judge Analisa Torres’s recent ruling declaring XRP as a non-security contributed to a spike in the coin’s value to about $0.85.

Nevertheless, XRP has since suffered significant losses following the SEC’s indication to appeal Judge Torres’s decision, specifically contesting the verdict on programmatic sales of XRP.

As speculations about the SEC’s appeal surfaced, XRP dropped to approximately $0.67. The regulatory agency officially confirmed its intention to appeal this week, resulting in a further decline to $0.6271. At the time of press, XRP is trading at $0.6301, with little or no change in price in the last 24 hours.

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The post Jeremy Hogan to Ex-SEC Official: XRP Price is Influenced By The SEC, Not Ripple appeared first on Times Tabloid.

However, situations seemed to be taking significant twists following Judge Torres’s order for both parties, Ripple and the SEC, to submit blackout dates for the jury trial slated to commence in the second quarter of 2024.

In another development, the U.S. SEC has disclosed its plans for an interlocutory appeal, waiting for approval, as previously reported by TimesTabloid, implying another round of court proceedings.

Jeremy Hogan: Likely Timeline of SEC’s Appeal

Amidst an already assembled series of legal proceedings between Ripple and the SEC, renowned legal expert Jeremy Hogan gave a potential timeline if SEC’s request to appeal is approved.

Quoting the tweet containing the paper document for the submission of blackout dates for trial, Hogan tweeted, “The individual Defendant’s trial will begin around May 2024. That means the Final Judgment in this case won’t be entered until…late summer 2024 (at the earliest). Any appeal would go well into 2025.”

In addition, Hogan thinks a potential appeal from the SEC would favor Ripple and XRP, noting that an appeal would cost the U.S. SEC financial losses. “The glove is on the other hand now, delays are GOOD for XRP and Ripple.”

The individual Defendant's trial will begin around May 2024. That means Final Judgment in this case won't be entered until…late summer 2024 (at earliest). Any appeal would go well into 2025.

The glove is on the other hand now,
delays are GOOD for XRP and Ripple. #legalclarity https://t.co/C1VMrU6Wm1

— Jeremy Hogan (@attorneyjeremy1) August 9, 2023

“SEC Cannot Appeal Now” – Attorney Stuart Alderoty.

Per another famous attorney, Stuart Alderoty, who is Ripple’s Chief Legal Officer (CLO), the SEC lacks the legal backing to seek an appeal now. He said this is why the regulatory body opted to file for an interlocutory appeal. Stuart also noted that Ripple’s response will respond to the filing next week. 

Notably, Stuart’s response was spurred by a tweet from the defense attorney, James K. Filan, which went thus, “SEC Files Letter outlining its basis for filing a Motion for Leave to File an Interlocutory Appeal regarding “Programmatic” offers and sales to XRP buyers over trading platforms and Ripple’s “Other Distributions.”

Meanwhile, as of the time of filing this report, XRP is ranked 5th per market cap on CoinGecko and selling for $0.633629 with a market cap of $33,451,843,037.

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The post XRP Lawsuit: Legal Expert Shares Likely Timeline of SEC’s Potential Appeal appeared first on Times Tabloid.

According to him, the leading U.S.-based cryptocurrency exchange would not resume XRP trading until there is a final ruling in the longstanding Ripple-SEC case. And as it stands, no one knows for sure when Judge Analisa Torres would issue the Summary Judgment. However, Ripple CEO Brad Garlinghouse predicts a conclusion may come before or by the end of September 2023. 

“Any chance of a relisting prior to Ripple verdict went out the window with the SEC Wells notice,” he opined in a Tuesday tweet, pinpointing what Coinbase could suffer if it opts to relist the sixth-largest cryptocurrency by market capitalization on its trading platform now. 

The top attorney submitted that Coinbase could be negatively affected in its case against the SEC if the exchange relists XRP and then Ripple happens to lose in the XRP lawsuit. He wrote, “Well if Ripple were to lose, it’d put them on their back heel in their pending litigation.” 

Well, if Ripple were to lose, it'd put them on their backheel in their pending litigation.

Any chance of a relisting prior to Ripple verdict went out the window with the SEC Wells notice IMO.

— Jeremy Hogan (@attorneyjeremy1) May 16, 2023

By implication, Hogan says members of the XRP community should only expect XRP to be relisted on Coinbase after the Ripple-SEC case ends. This syncs with the recent comments from Coinbase Chief Legal Officer Paul Grewal.

As earlier reported, Grewal noted that Coinbase would still carry out a thorough assessment of XRP before the exchange can support XRP trading again even though the court concludes that it is a non-security in the ongoing Ripple-SEC case. Consequently, he outlined all the legal steps that could probably lead to the resumption of XRP trading on the second-largest crypto exchange in the world. 

On the other hand, Coinbase and Ripple seem to be joining forces to tackle the U.S. SEC as seen in the recent meeting between both companies’ lead attorneys. As reported by Grewal, the SEC said it is bent on achieving crypto regulation by enforcement and not in for rulemaking. 

The SEC acknowledged that it will continue to use enforcement actions as a substitute for rulemaking for the foreseeable future, but not to worry — those enforcement actions may eventually “inform” not-yet-planned rulemaking. 4/7

— paulgrewal.eth (@iampaulgrewal) May 16, 2023

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