SEC v. Crypto: This Will Be a Long Fight

As XRP holders and the entire crypto space awaits the imminent ruling on Motions for Summary Judgment from Judge Analisa Torres in the U.S. District Court for the Southern District of New York, the U.S. Securities and Exchange Commission has launched an all-out war on crypto with a blitz of lawsuits and enforcement actions without clear rules of the road. This doubling down on regulation by enforcement, and the legal fight launched against it in December 2020, makes this case much bigger now than it was at its start.

John Deaton, founder and host of CryptoLaw talks about the big developments on expert testimony yesterday, the imminent ruling on summary judgment, the growing chances for a jury trial on fair notice and other disputed facts, the high likelihood of an appeal no matter which side wins in SDNY, and how the entire crypto space in the United States is now riding on the outcome of that appeal.

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