#SEC recommended that the court grant #Ripple 's appeal, citing complex legal issues that have prompted Congress to consider precedent.

This is so funny, Chairman #Gensler has always maintained that we don't need new regulations for crypto, the rules are already very clear and crypto is a security under the supervision of the SEC... Now, after the SEC has suffered several major shocks from which Gensler seemed unable to recover, Gensler again declared that Congress should intervene.