Updated.
Apparently things are becoming clearer for Ripple and there are more hopes of coming out victoriously, on the other hand if the SEC goes wrong in this case, it will lose total credibility and will not be seen as a regulatory and protective agent because their arguments are not strong enough, which is great news for all XRP fans and hodlers.
XRP Lawsuit update: Is the SEC dodging the issue with its latest response
Apparently things are becoming clearer for Ripple and there are more hopes of coming out victoriously, on the other hand if the SEC goes wrong in this case, it will lose total credibility and will not be seen as a regulatory and protective agent because their arguments are not strong enough, which is great news for all XRP fans and hodlers.
XRP Lawsuit update: Is the SEC dodging the issue with its latest response
Quote
“Defendants’ arguments based on the Statement ignore that the SEC itself—through a vote of the five Commissioners—and other SEC Commissioners and officials have repeatedly warned those who sell digital assets to the public of the need to comply with the federal securities laws.”
Source: https://ambcrypto.com/xrp-lawsuit-update-is-the-sec-dodging-the-issue-with-its-latest-response/