The SEC's former Managing Executive for Policy cannot understand what the regulator is trying to achieve by suing Ripple. In his view, the commission’s case is doomed to fail.
Managing Executive for Policy at the SEC appeared on the“I’m not entirely sure what the SEC is planning on proving in the XRP litigation.”
“I'm very sympathetic to that argument. It's a basic due process argument. The Ripple network was operating for years before the last minute filing of a lawsuit against them.”
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