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The US Securities and Exchange Commission (SEC) may file an appeal against the XRP lawsuit Summary Judgment, according to recent court statements. Experts are discussing the difficulties the SEC faced in proving the Common Enterprise factor and the judge’s exclusion of their expert’s opinion on the issue. The SEC Chair, Gary Gensler, avoided addressing the Ripple lawsuit ruling but warned about the crypto market. Mark Cuban objected to Gensler’s labeling of token holders as investors. Cuban questioned which tokens are actively enhancing and supporting a “common enterprise.” John Deaton agreed with Cuban, stating that even if the SEC’s appeal succeeds, victory is not guaranteed. The XRP price remains stable following a correction after the Summary Judgment rally.
AI Sentiment: Negative
