The Ripple-SEC Lawsuit and Its Impact on XRP and Coinbase

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Source: U.Today
The Ripple-SEC Lawsuit and Its Impact on XRP and Coinbase
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TL;DR Summary

Crypto lawyer Jesse Hynes predicts that the Ripple-SEC lawsuit resolution may be imminent and that early XRP sales will be found to have broken securities laws, establishing a precedent for the SEC to go after other crypto businesses. He believes the court will decide that Ripple is no longer violating securities laws with its current sales, but the question of whether XRP is a security in and of itself remains unanswered. Other experts note the complexity of the U.S. regulatory and legal systems and the possibility of the SEC winning the litigation even if Ripple is in the right.

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