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SEC Took Much Against XRP On Its Case With Ripple

A Forbes contributor has criticized the US Securities and Exchange Commission (SEC) for its actions against Ripple, stating that the regulator had bitten off more than it could chew. The release of undisclosed documents and past contradictions could impact the outcome of the SEC vs. Ripple case.

The recent ruling by Judge Torres, which made SEC statements and documents publicly available, could change how the SEC moves forward with Ripple and the entire crypto industry. The price trend for XRP has seen a downward push over the past week, but the recent ruling has given hope for a possible victory for Ripple.

XRP XRP $2.19
-0.92%
SEC Ripple
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