Critics are emphasizing the weak legal grounds on which the SEC is building its case against Ripple. Legal experts, including James Murphy, representing Ripple, are pointing out that the SEC is relying on a questionable court decision (SEC v. iFresh) to support its allegations that investors suffered harm due to Ripple's actions in inflating XRP prices. The lack of transparency in the SEC's decision-making process regarding cryptocurrency launches has raised doubts about the strength of their case. It is anticipated that Judge Torres will dismiss the $2 billion fine imposed by the SEC on Ripple, given the flimsy foundation and inadequate evidence backing the SEC's claims.