In the ongoing legal battle between the SEC and Ripple, a key question emerges: who is the SEC really protecting by targeting Ripple? James Murphy, also known as Metalawman, addresses this crucial issue in a recent interview.
During his appearance on The Good Morning Crypto Show, Murphy speculates on the SEC's intentions, questioning whether the agency is attempting to shield ordinary retail investors through its case against Ripple. The lawsuit focuses on the classification of XRP and its programmatic sales.
The conversation raises broader queries about the regulatory agency's role and intentions in the cryptocurrency sector, highlighting the legal complexities and ramifications for the industry and its investors.