Anonymous ID: 4a66b0 July 29, 2021, 7:47 p.m. No.14227115   🗄️.is 🔗kun

SEC V. RIPPLE: “STRANGE THINGS” HINT THAT SETTLEMENT IS CLOSER THAN EXPECTED

 

https://financefeeds.com/sec-v-ripple-strange-things-hint-settlement-closer-expected/

 

https://theindustryspread.com/update-sec-vs-ripple-agenda-gets-60-day-extension/ (from June court date)

 

SEC vs. Ripple: Why It Affects Us All - https://www.financemagnates.com/thought-leadership/sec-vs-ripple-why-it-affects-us-all/

 

First, that if XRP is a security, then Ethereum may fall under scrutiny next, and in fact any token may incur the judgement of the SEC, even after 5, 10, or more years. This type of uncertainty is notoriously bad for markets, and the effect will be profound.

 

Second, that the US as a nation will live with the result of this decision, and if Ripple is ruled against, the US will not be seen as a leader in the crypto industry.

 

Instead investments will find homes in more stable markets, leaving the US and its residents out of key lucrative growth.

 

We will see what the future holds. This landmark case has a lot riding on it, many twists and turns ahead, and is a drama worth watching closely.