SEC could face ‘bruising defeat’ against Ripple, says legal experts

10/31 05:28

According to Beincrypto, the ongoing battle between fintech firm Ripple and the U.S. Securities and Exchange Commission (SEC) could be coming to a conclusion. However, the regulator’s chances of a victory are growing slimmer according to legal experts. Crypto legal experts have hinted that the SEC could be looking at a “bruising defeat” in its case against Ripple. A verdict against the regulator could severely limit its capacity to oversee the regulation of the crypto asset sector. This would be a big win for the industry and innovation in the U.S. On Oct 30, senior analyst Roslyn Layton said: “If that’s how it ends, it will have been a self-inflicted disaster from the start. The SEC has had no allies, not even its own expert witnesses who ended up giving ammunition to the defense.”
bullishbullishbullish8bearishbearishbearish1LikePartager
Clause de non-responsabilitéLe contenu ci-dessus ne représente pas les positions de HTX.HTX ne fournit pas de recommandations de trading.

Articles connexes

  • Image

    XRP Ledger Gets AI Security Upgrade As Ripple Prepares For Bigger Growth

  • Image

    XRP deleveraging meets rising spot demand – Clean breakout structure forming?

  • Image

    Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer

Tous les commentaires0RécentPopulaire

avatar
RécentPopulaire

Articles connexes

  • Image

    XRP Ledger Gets AI Security Upgrade As Ripple Prepares For Bigger Growth

  • Image

    XRP deleveraging meets rising spot demand – Clean breakout structure forming?

  • Image

    Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer