Former SEC Attorney Criticizes XRP Community Over "No Just Cause" Statement

Paul Atkins' Remarks: SEC Chair Paul Atkins sparked a renewed discussion on XRP by suggesting that regulators should create frameworks to protect crypto markets from regulatory issues, indicating a potentially more lenient approach from the SEC.

Robert Ledferd's Response: XRP advocate Robert Ledferd criticized the SEC for its prolonged legal battle against Ripple, claiming it harmed retail investors and urged the agency to expedite the approval of an XRP spot ETF.

Marc Fagel's Opposition: Former SEC lawyer Marc Fagel countered Ledferd's claims, stating that Ripple had been found to have sold unregistered securities, and suggested that anger should be directed at Ripple rather than the SEC.

Upcoming ETF Decisions: The SEC has delayed decisions on XRP ETF applications, with a deadline approaching in October. Analysts predict a high likelihood of approval, which could significantly impact XRP's market price.