A pro-Ripple lawyer criticized the US Securities and Exchange Commission (SEC) for its actions against cryptocurrency companies. The lawyer cited various instances where judges criticized and ruled against the SEC, including a court finding the SEC to be “arbitrary and capricious” and magistrates concluding that the regulator’s denial of a Bitcoin ETF was “utter nonsense.” The lawyer stated that he trusts the judgments of the courts more than the SEC. The SEC has faced legal defeats in its battles with cryptocurrency companies. The article also mentions an offer to sign up for a market update and coin analysis report.
AI Sentiment: Positive