The post Ripple vs. Terra: Which Crypto Will the SEC Come Down On? appeared first on Coinpedia Fintech News
Courtroom dramas are always interesting, and it’s seeming like our favourite one has just got more interesting. Ripple has recently taken a bold stance against the Securities and Exchange Commission’s (SEC) plan to challenge a judge’s ruling. The company’s move is causing ripples in the world of crypto law.
Understanding the Three-Pronged Defense
Ripple has responded to the anticipated appeal by the SEC with a well-structured counterargument. Their strategy is built on three key points. First and foremost, Ripple highlights that the judgment issued by Judge Analisa Torres on July 13 doesn’t rest on a single critical legal question.
Digging deeper into their position, Ripple’s leadership asserts that the SEC has failed to adequately justify their differing stance on the matter. Additionally, they express concerns that the appeal might not lead to a swift resolution of
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