🚨 DID THE #SEC RIG THE #CRYPTO #MARKET? Pro-#XRP Lawyer vs. Ex-#SEC #Attorney Clash! 🚨
A fiery debate just erupted online between attorney Bill Morgan (who advocates for pro-XRP interests) and Marc Fagel (a former SEC attorney), and it’s highlighting the most controversial question in the industry: Did regulators intentionally or unintentionally pick the winners and losers of crypto? 🤔
Here is the breakdown of the clash:
🔥 The Argument for Unfair Play:
Morgan argues that by turning a blind eye to some early crypto projects while bringing the hammer down on Ripple, the SEC allowed certain coins to skyrocket in adoption without legal pressure. While Ripple was busy building real-world utility, they were dragged into a multi-year lawsuit that crippled XRP’s market perception.
⚖️ The SEC's Defense:
Fagel clapped back, stating the SEC can’t bring a case without a clear issuer (which is why Bitcoin gets a pass). He also dropped a heavy counterpoint: Ripple successfully argued in court that XRP buyers didn't rely on the company. Fagel’s point? If investors weren't relying on Ripple, you can't blame the SEC lawsuit for XRP's market performance.
📉 The Reality Check:
Morgan wasn't having it. While XRP still moves with the broader market, there is no denying that the heavy cloud of a lawsuit tanked its competitive edge against rival coins that never faced the same scrutiny.
As global crypto regulations take shape, this debate proves we are still wrestling with the ghosts of the SEC's past decisions.
What do YOU think? 👇 Did the SEC's selective enforcement permanently alter the crypto landscape and hold XRP back, or is the market just playing out naturally? Drop your thoughts in the comments! 🗣️👇
#XRP #Ripple #SEC #CryptoNews #Bitcoin #CryptoCommunity #XRParmy #DigitalAssets $XRP
