XRP Lawsuit Architect Jay Clayton Appointed SDNY Attorney

Jay Clayton, Trump’s next choice for the American lawyer for the SDNY, initially filed the dry trial against Ripple. Clayton has promised to end the crypto from cryptography to SDNY, but personally started one of the most notorious incidents.

Trump also plans to use a procedural escape to avoid a disorderly confirmation process, which Senator Chuck Schumer has sworn to block. This incident raises questions about the quality of the new Crypto political allies.

Jay Clayton and the Ripple trial

President Trump has sworn to promulgate more user -friendly cryptographic regulations, which was of the prosecutors to end the application measures.

Originally, he hit Jay Clayton for this role in November, and he actually became an acting lawyer today. There is only one concern – Jay Clayton initially filed the action of the dry against Ripple.

The dry case vs ripple is considered a historic action of the era peopleler, but Clayton actually initiated the costume. Clayton was president of the SEC from 2017 to 2020, and he resigned more than six months before his mandate limit.

He filed the SEC trial on December 22 and resigned the next day in what the company called a “separation shot”.

A few years later, Clayton was on the other side of government cryptography. When Trump operated it for the first time for the role last November, a spokesman said that the office would cease to apply cryptography.

In 2023, Clayton made television appearances by interviewing the repressions of peopleler, who made the CEO of Ripple, Brad Garlinghouse.

Another controversy in the confirmation process

Today, no representative of Ripple has commented on the new role of Clayton, but he is probably all the same to rush the feathers. More specifically, the process to confirm a candidate by the Senate can be exhausting.

Trump offered Paul Atkins the position of dry chair almost five months ago, but he only took place yesterday. He uses a new strategy with Clayton.

According to local media, Trump appointed Clayton The acting American SDNY lawyer, having wanted him to occupy the permanent role. Trump appointed it last week last week, and the head of the Senate minority, Chuck Schumer, promised to block his confirmation.

Schumer claimed Clayton “Has no loyalty to the law.”

Anyway, Clayton does not need a confirmation vote to become an American lawyer, and he probably will not need it. If the Senate does not confirm it in 120 days, the judges of the SDNY can name it until a candidate is confirmed.

Trump does not need to name someone else, and Clayton could serve a regular term.

This is a very illustrative example of the quantity of political power that the crypto has acquired. Jay Clayton, the man who literally launched the training costume, will work against the future application. And yet it does not seem to be unambiguous good.

To what extent can industry really count on its former enemies? How many crypto friends today would be happy to join a repression tomorrow? These are just some of the concerns among the cryptographic community.