XRP Price Prediction: As Ripple Exec Jokes That Top SEC Lawyer May Become A Movie Critic, Traders Pile Into This $5.2M AI Agent ICO
The XRP price dropped 3% in the last 24 hours to trade at $2.448 as of 03:32 a.m. EST on trading volume that plunged 31% to $6.3 billion. This come as Jorge Tenreiro , a lawyer who has been leading US Securities and Exchange Commission (SEC) enforcement efforts against the crypto industry, was demoted to a role in its IT office after the regulatory overhaul that’s begun under President Donald Trump. Ripple executives, who have been in a long-running legal battle with the SEC, gloated over the development on social media. Ripple’s chief technology officer David Schwartz joked that Tenreiro might become a movie critic. I'll bet money he quits the SEC to become a movie critic. — David "JoelKatz" Schwartz (@JoelKatz) February 6, 2025 Stuart Alderoty, Ripple’s top lawyer, joked that Tenreiro had been reassigned to Macrodata Refinement, referring to the department where workers have to classify numbers with seemingly little purpose in the hit TV show “Seve...