A new low for a renegade agency many thought couldn't sink further. The SEC now believes it can operate above the law, ignoring a Court's ruling that XRP isn't a security. Team Ripple will be watching closely and weighing our own options to hold the SEC accountable.
If this were a law school blue book exam, the hypothetical scenario would be: A regulatory agency loses in court but still threatens enforcement to pressure compliance, raising major constitutional concerns and further compromising the legitimacy of the agency.