The article discusses the response of XRP holders’ lawyer to the Securities and Exchange Commission (SEC) regarding the recent settlement with Bittrex. The lawyer criticizes the SEC for becoming the biggest creditor in the BlockFi deal and questions the agency’s claim of protecting retail investors. The SEC’s crackdowns on crypto entities this year have raised hopes for more settlements. The article also mentions that Coinbase and Binance are yet to settle, and their wins, along with Ripple Labs’ case, are considered crucial for the survival and evolution of the blockchain ecosystem in the United States. The opinions expressed in the article are not investment advice, and readers are encouraged to conduct their own research.
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