Kraken VS SEC: The absence of XRP from the list piques curiosity

For several days now, the SEC VS Kraken trial has attracted the attention of the crypto community. However, the absence of XRP particularly raises questions. Legal expert Jeremy Hogan sheds light on this intriguing exclusion. Enough to add a unique dimension to the crypto scene!

SEC VS Kraken Trial: Justified Exclusion of XRP?

Focused on crypto regulation, the Kraken VS SEC affair seems to take an unexpected turn. The exclusion of XRP from the list of alleged securities is alluded to. This detail was raised by Jeremy Hogan, an expert lawyer who is closely following the SEC VS Ripple case.

In a previous case, Judge Analisa Torres ruled that sales of XRP to retail customers did not constitute sales of securities. This decision explains Ripple’s partial victory. Above all, she seems to influence the Kraken trial. Indeed, it raises questions about:

• the rationale for excluding XRP,
• its potential implications in the crypto regulatory landscape.

Is the SEC Deliberately Sparing Ripple’s Crypto in the Kraken Lawsuit?

The list of regulated cryptocurrencies involved in the Kraken VS SEC lawsuit includes Cardano (ADA) and Solana (SOL). On the other hand, it excludes (strangely) Ripple’s XRP. What raises questions about the SEC’s selective approach.

While the US regulator is targeting other platforms such as Bittrex and Binance, the deliberate sidelining of XRP appears to be influenced by Judge Torres’ previous ruling.

But despite this exclusion, the SEC appears to be maintaining significant pressure on Ripple. The proof is that she is now demanding substantial damages. The conundrum surrounding XRP in the Kraken lawsuit also raises broader questions about the consistency of crypto regulations current.

While XRP escapes the listing of securities in the Kraken lawsuit, the legal battle between Ripple and the SEC persists. The stability of the XRP price despite tensions demonstrates the ever-changing complexity of the crypto landscape.