Former SEC director anticipates Ripple and XRP court victory to face challenges on appeal xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
, believes that this triumph for Ripple and XRP may be short-lived if the case is appealed to the Second Circuit Court.
Maybe from a contract law standpoint, but not from a securities standpoint. When you buy stock, you don't know who you're buying it from; that the outcome is radically different for an investment contract is illogical. I think there's a good chance the 2nd Circuit reverses.Fagel contends that the court's decision has created a divided outcome, causing damage on both sides of the dispute.
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