SEC’s XRP Arguments Face Expert Scrutiny in Latest Lawsuit Developments

New developments in the XRP lawsuit have sparked intense scrutiny from legal experts, raising questions about the Securities and Exchange Commission’s (SEC) approach. Marc Fagel, a former SEC regional director, has raised concerns regarding the SEC’s arguments, highlighting their lack of a strong foundation. Similarly, crypto attorney John E. Deaton expresses dissatisfaction with the SEC’s explanations, arguing that they are unconvincing.