The ongoing legal battle between Ripple (XRP) and the SEC could have significant implications for other ongoing or pending litigations in the cryptocurrency space. This was highlighted by Lilya Tessler from Sidley's FinTech and Blockchain practice.
She discussed the chaotic nature of the recent surge in SEC enforcement actions against various cryptocurrency projects and exchanges.
The outcome of the Ripple vs. SEC case is highly anticipated and may set a precedent for future regulatory actions in the industry.
