>Somehow the SEC can’t even win a case against XRP which fails the Howey Test miserably. If XRP isn’t a security I don’t know what is. They're beholden to the

>Somehow the SEC can’t even win a case against XRP which fails the Howey Test miserably. If XRP isn’t a security I don’t know what is. They're beholden to the established financial system and players and "regulating" crypto would also mean giving crypto a stamp of approval, which they seemingly do not want to do.