Forbes contributor Sam Lyman suggests that the SEC's ongoing campaign against XRP may face challenges due to past contradictions and undisclosed documents. The agency's efforts to classify digital assets as securities and subject them to securities law are being challenged by its own past statements and actions. The disputed documents, including the infamous Hinman speech, must be publicly available, according to a recent ruling by a federal judge. Pro-XRP lawyer John Deaton argues that the lawsuit goes beyond simply enforcing U.S. securities laws and was wielded as a weapon with questionable motives. The XRP Army, a dedicated community of XRP proponents, has come together to support Ripple, catching the SEC off guard.
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