Ripple lawsuit: SEC might be hesitant to go after similar cases, law veteran says why XRPArmy XRPHolders XRPCommunity XRP $XRP
There have been speculations on whether the SEC might go after Ethereum following its migration to proof of stake via the Merge upgrade last September.
This is because Gary Gensler, the chair of the SEC, had previously claimed that ether might qualify as a security after switching to proof of stake. Users of Ethereum are uncertain as to whether the SEC will take enforcement action.by a Twitter user who asked if the SEC might go after the ETH foundation after the Ripple ruling. Fagel answered uncertainly that this depends on the evidence as well as the statute of limitations.
Depends on the evidence, as well as the statute of limitations. I suspect that, after the Ripple ruling, they may be reluctant to pursue a comparable case , but I don't have any insights into their current enforcement strategy.In his view, after the Ripple ruling, the SEC might be reluctant to pursue a comparable case. Fagel adds some doubt by saying that he does not have insights about the SEC's current enforcement strategy.
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