[New post] Ripple XRP: How Could Crypto Lawsuits Set Precedent & NEW MoneyGram/Ripple Patent Connection
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1/ Counterpoint: Clayton isn't stating the issue honestly. It's not about, in your words, bring in cases without a good faith basis; nobody at the SEC thinks they're doing that. Rather, it's not being afraid to bring cases you might lose because they're complicated or even push
Welcome to the wonderful world of American litigation. Especially complex federal securities litigation. Nothing about this is unusual. I had cases from my time at the SEC that were still going when I retired from private practice 5-10 years later.
If the main issues in #SECvsRipple are moved to trial, no definitive winner emerges in SJ, and there's no settlement, then the #XRPCommunity will be looking at a couple more years of appeals and a trial. In that scenario many in the community will just give up and sell.
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