The ongoing legal fight surrounding XRP’s classification status has sparked heated debate, with legal experts challenging the U.S. Securities and Exchange Commission’s (SEC) arguments. Former SEC official Marc Fagel and prominent crypto attorney John E. Deaton are among those scrutinizing the commission’s stance, questioning its logic and solidity in court. Fagel argues that the SEC’s legal foundation appears weak, and this sentiment is echoed by other legal scholars who challenge the current approach. Deaton agrees, stating that **the SEC’s reasoning presented to the court lacks substance.** This scrutiny has placed pressure on the XRP argument as experts examine its pillars for validity. Their joint submissions are expected to play a crucial role in determining XRP’s legal fate. These filings will be analyzed by legal professionals and market analysts, potentially shaping future crypto regulations. Marc Fagel highlights the SEC’s approach as lacking strength, while John E. Deaton echoes this sentiment. This case serves as a microcosm of the broader regulatory landscape for cryptocurrencies in the U.S., with investors and industry players closely observing market responses. It is crucial to consider how these legal challenges will impact the cryptocurrency sphere and potentially influence similar legal proceedings in the future. The ongoing scrutiny of the SEC’s actions underscores the importance of clear regulatory guidelines in navigating the complex world of cryptocurrencies.