Former Regional Director of SEC, Marc Fagel, has stated that XRP investors do not have a chance to win a lawsuit against the SEC, according to a recent exchange on Twitter. This comes after an XRP community member queried Fagel’s opinion on a possible lawsuit against the SEC. Fagel maintains that under current law, an attorney filing such a case would risk sanctions and that he is unbiased despite his previous litigation against the SEC. Another Twitter user had posed a hypothetical scenario where XRP could no longer be classified as security, but Fagel said this would not change much for investors except possibly allowing unregistered exchanges to list XRP.
AI Sentiment: Negative
