Fred Rispoli made an analysis of the actions of the SEC

Lawyer Fred Rispoli made an analysis of the actions of the SEC.

Lawyer Fred Rispoli on twitter made an analysis of the actions of the SEC. He noted:

You can completely ignore the facts of this case…at this point it would be illogical for SEC to settle before the SJ ruling. It loses nothing *substantive* by waiting because (1) SEC has to test out its theory to conclusion against a major crypto at some point and its…1/2

…already gone this far; (2) if SEC wins completely (unlikely), it can pressure Ripple to settle on favorable terms to avoid Ripple’s appeal; and (3) if SEC loses completely (unlikely), it can still extort a solid money bag by agreeing to waive its own appeal rights. 2/2