Ripple Vs. SEC: A Legal Battle Heading for the Supreme Court?
John Deaton, a well-known attorney and founder of CryptoLaw, recently shared his insights on the simmering legal battle between Ripple and the SEC. In his...
- John Deaton, founder of CryptoLaw, believes that the legal battle between Ripple and the SEC could end up in the US Supreme Court.
- If Judge Analisa Torres grants a summary judgement in favor of the SEC, Ripple is expected to appeal the decision.
- Ripple's legal strategy is designed with the Appellate Courts in mind, indicating a long-term approach.
- Deaton suggests that the Ripple lawsuit could lead to the creation of a new securities test called the "Ripple test."
- The delay in judgement from Judge Torres could be due to the potential for the case to reach the Supreme Court.
The overall sentiment of the article is neutral. It provides information and insights about the legal battle between Ripple and the SEC without expressing a clear positive or negative bias.