A decision on the case, which is now in the hands of a U.S. magistrate judge in New York, is imminent.
Who will win the legal brawl between Ripple and the Securities and Exchange Commission? That’s the biggest question in crypto right now.
The SEC, which has waged an aggressive campaign against key players in the crypto industry, is widely expected to prevail.The consensus has been that a Ripple upset win would be a victory for crypto. Ex // Top Stories CA State Parks offers tips on how to not 'doom the bloom' this spring After a wet winter, the state's superbloom of wildflowers is in full swing for the spring season
But it could also be a limited victory and some crypto industry leaders actually see potential drawbacks to such an outcome. In fact, the battle will likely go before the nation’s top court whoever wins. If the SEC loses, the regulator “would almost certainly appeal it,” Fagel said.
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