<ul><li>Better Markets, Inc., a nonprofit, files an amicus curiae brief supporting the SEC's appeal in the Ripple vs. SEC case.</li><li>Better Markets criticizes the district court's interpretation of the Howey test, arguing that it wrongly excluded XRP tokens sold through secondary markets from securities regulation.</li><li>The brief highlights the potential implications of the district court's decision, including the risk of widespread predation in the crypto securities market and the lack of investor protection.</li><li>Speculation arises about a potential resolution to the SEC's lawsuit against Ripple under the interim leadership of the acting SEC Chair, Mark Uyeda.</li></ul>

Ripple Vs. SEC Case Sees Unexpected Action With New Amicus Filing

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