Ripple vs. US SEC Lawsuit Set for Trial, Crypto Lawyer Estimates Ripple Has a 70% Chance of Winning
According to DL News, after nearly five years of litigation, Ripple and the U.S. Securities and Exchange Commission are seeking a settlement. However, their latest joint motion still needs to convince Judge Analisa Torres to change her stance, lift the injunction against Ripple, and reduce its $125 million fine to $50 million. The justification is that "exceptional circumstances" make this request reasonable. Crypto attorney John Deaton believes there is a 70% chance that Analisa Torres will rule in favor of Ripple, as the judge may prefer a final judgment over another round of litigation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor to Advise Pakistan on Establishing a Bitcoin Reserve Program
Consensys Founder: Linea Is Now 100% Provably Verifiable
Sui Ecosystem DEX Momentum Surpasses $4 Billion in Cumulative Trading Volume

Trending news
MoreCrypto prices
More








