"The experienced district judge Jed Rakoff is the first judge to reject the Ripple ruling and also to doubt the Major Questions Doctrine in relation to the cryptocurrency industry. Accordingly, the judge's reasoning could also have an impact on other (ongoing and future) court cases, such as the SEC v. Coinbase case. Contrary to the hopes of the crypto industry and according to the assessments of legal experts such as John Reed Stark, other judges will reject the ruling made in the Ripple case and not cite it as a precedent. Thus, the appeal of the Ripple ruling by the SEC is also becoming more and more likely."
Blocktrainer.de : US-Richter: „Krypto-Industrie ist nicht von wirtschaftlicher Bedeutung!“
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