Objection of the SEC contested the investigation: Ripple-Court judgment continues to be controversial, while the SEC lawyer expresses doubts about the protection of investors

Objection of the SEC contested the investigation: Ripple-Court judgment continues to be controversial, while the SEC lawyer expresses doubts about the protection of investors

Objection of the SEC burdened the investment mood

It was a quiet Sunday session without crypto events that could be the decisive factor. A downward trend in the coincidences of commitments reflected a mixed mood compared to the judgment SEC against Ripple Court, where

The former SEC lawyer John Reed Stark expressed a less positive opinion on the court ruling. Stark said the following about the programmatic sales judgment:

"The change from a token to a 'no securities' takes place because it is assumed that the retailer does not understand what he buys and, as is the case with every securities exchange, does not know exactly who the seller is." This argument seems to contradict inviolable and fundamental principles of investor protection.

Stark added:

"" Whether an investor reads or cannot read the materials connected to his purchase should never determine the degree of protection that an investor receives. And under all circumstances it seems logical to assume that an investor (institutional or private investor), the XRP, relies on ripple from one or the other reason. "

strongly believes that the judgment is on shaky legs and that an appeal and a cancellation are likely.

progress on the Capitol Hill in the elimination of the regulatory gap, which continues to have an impact on the US area of ​​digital assets, could affect the result of the SEC's appeal against the court ruling.

While the result of an appeal would have an impact on XRP, Brad Garlinghouse, CEO von Ripple, assumes that a calling of the SEC years will take what crypto supporters on the Capitol Hill give the time to enforce laws in order to create an urgently needed crypto regulatory framework.

The day before us

The conversation about the SEC case against Ripple will continue to be the focus. Investors will probably obtain a comment from the SEC for the appeal talks to give a direction.

In addition to the case of SEC against Ripple and the staking statistics, investors should continue to keep an eye on the talk about ETFs, whereby Binance, Coinbase (Coin) and the crypto gossip of the US legislator are also the focus.

A cross-party reaction to the demand of Senator Cynthia Lummis after crypto legislation would ensure price support.