SEC’s Changing Landscape: What It Means for Cryptocurrency Legal Battles – BitRss

The U.S. Securities and Exchange Commission (SEC) may be shifting its approach to cryptocurrency lawsuits. Experts suggest that particularly in the case involving XRP ($2.42), the proceedings might take a different trajectory. Recent developments in the SEC’s stance on the Coinbase case could serve as a precedent for similar cases.

Process of Decision-Making at the SEC

Renowned legal expert James Murphy predicts that the SEC will enter a statement defense phase depending on the court’s decision. According to Murphy, if the Second Circuit accepts the case, preparing the SEC’s defense could take several months.

James Murphy: “If the Second Circuit accepts the case, preparing the SEC’s defense could take several months.”

Meanwhile, the Ripple $2<…>