Pro-XRP lawyer John Deaton, adding to his vexed comments against the Securities and Exchange Commission (SEC), tagged the agency as “transient regulators.” The attorney’s latest reproval on the SEC came in response to the recent court ruling that paved the way to the SEC’s complete failure in the SEC-Grayscale lawsuit. In a series of events that overturned the SEC’s inconvenient regulatory authority over the crypto firms, the U.S. court ruled against the regulators’ “unlawful actions.” While the U.S. Court of Appeals Circuit Judge Neomi Rao declared in a court filing that the SEC was wrong in rejecting the investment management company Grayscale’s application for spot Bitcoin ETFs, the U.S. House Committee on Financial Services Republicans wrote on Twitter, “Chairman Gary Gensler’s SEC whiffs again”.