Experts say that Robinhood will win the legal battle against the SEC.

Just two days ago, American FinTech Robinhood received a so-called Wells notice from the SEC. Usually, this is the last step before the U.S. Securities and Exchange Commission officially files a lawsuit. #BTC - ECHO reports this.

Reason: The U.S. Securities and Exchange Commission accuses the California-based FinTech of violating existing securities regulation legislation.

In a report published now by investment bank Keefe, Bruyette & Woods (KBW), the conclusion is drawn that Robinhood will win the legal dispute against the Securities and Exchange Commission, as reported by the crypto portal Coindesk.

Accordingly, KBW analysts were surprised by the SEC's aggressive approach, as Robinhood has been quite conservative in offering digital assets.

The broker's portfolio includes only 15 cryptocurrencies. Much less than many other companies offer their clients.

KBW analyst Kyle Voigt therefore writes: "We assume that there will be no changes to current crypto operations at HOOD or asset lists in the U.S."

However, experts expect the SEC to follow up with an official lawsuit following the Wells notice. However, KBW believes that the chances of Robinhood winning the legal dispute are significantly higher than those of other companies that also offer cryptocurrencies.

Analysts also suspect that the SEC will not take legal action against the entire Robinhood Crypto offering, but only against individual cryptocurrencies.

Special attention is paid to Ethereum here, as the SEC has repeatedly emphasized that it is likely a security. #ETH accounts for about 25 percent of Robinhood's cryptocurrency offering.