Courts Call Out SEC Over Inconsistencies and Hypocrisy in Crypto Regulation Approach
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Courts have criticized the SEC for inconsistencies and hypocrisy in its arguments against Ripple and its actions toward crypto firms.
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The SEC lost cases against Coinbase and Grayscale when courts found its actions “arbitrary” regarding crypto regulation.
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A court questioned whether the SEC should be sanctioned for “false and misleading” statements in its case against Debt Box.
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The SEC recently had a closed-door meeting speculated to involve settlement discussions about its case against Ripple and XRP.
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Some in the XRP community speculate the SEC meeting outcomes could lead to a settlement with Ripple.