The US Securities and Exchange Commission (SEC) has come under fire from the XRP community after giving Ethereum a free pass on its security status. This move has sparked outrage among XRP supporters, who feel that the SEC is showing bias towards Ethereum. Bill Morgan, a prominent XRP advocate, has spoken out against the SEC's actions, highlighting the unequal treatment between Ethereum and Ripple.

Morgan points out that Ethereum received clarity on its non-security status nearly six years after the Hinman speech, while Ripple has been dealing with regulatory issues for over three years. He argues that this disparity shows the SEC's arbitrary approach to crypto regulations. Morgan also questions the SEC's definition of decentralization, stating that it is unclear how this factor determines whether a token is a commodity or a security.

Another analyst, known by their handle @digitalassetbuy, has called for Ripple to sue the SEC. This analyst believes that the SEC's actions are criminal and suggests that top Ripple executives, Brad Garlinghouse and Chris Larsen, file a lawsuit against the SEC and others involved. The analyst notes that Ripple has spent over $100 million dealing with the SEC's regulatory issues, unlike Ethereum.

The XRP community is hoping that the SEC might reduce the $2 billion fine on Ripple, which could lead to a price rally towards $1. This development could bring some positivity to the XRP market, but for now, the community remains frustrated with the SEC's perceived bias towards Ethereum.