CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2025-01-22 07:38:27

Ripple vs. SEC: Why the Appeal Could End in Ripple’s Favor

Legal expert Deaton sees weak grounds for SEC’s appeal in Ripple case. Ripple investors may benefit if the SEC case is dismissed by SEC leadership. SEC’s appeal could face setbacks, possibly leading to further legal delays. The ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) has kept many investors on edge. Legal expert John Deaton recently weighed in, offering insights into what might happen next in this high-profile case. With the SEC filing an appeal, many are left wondering if this could result in a prolonged battle or a swift resolution in favor of Ripple. No Solid Grounds for SEC Appeal Deaton, speaking on the Good Morning Crypto Show, stated that the SEC has little chance of winning an appeal. He thinks the SEC’s appeal is weak, especially because of the recent court decision. In the original ruling, Judge Analisa Torres found that the SEC failed to meet key criteria in its attempt to classify XRP sales to retail investors as unregistered securities. The SEC wants to change this ruling, but Deaton says the case would probably go back to Judge Torres, who may rule in Ripple’s favor again. Moreover,… The post Ripple vs. SEC: Why the Appeal Could End in Ripple’s Favor appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.