Ripple executives have opposed the SEC’s plea for an interlocutory appeal, stating that the regulatory body lacks substantial grounds for such a measure. They dismiss the SEC’s allegations of recklessness and believe that the upcoming trial will validate their standpoint. The executives also highlight the potential for irreparable damage to their reputations and criticize the SEC’s strategy of fostering regulatory ambiguity. This legal clash over the classification of XRP could impact how digital assets are regulated and perceived in the industry.
AI Sentiment: Neutral