Ripple Vs. SEC: A Legal Battle Heading for the Supreme Court?

Coinpedia
Coinpedia

28 Jun 2023 12:12 PM

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.

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You May Ask

What is John Deaton's opinion on the possible trajectory of the Ripple-SEC case?What is Ripple's plan if Judge Analisa Torres grants a summary judgement in favor of the SEC?What is the potential impact of the Ripple lawsuit on securities testing?Why is there a delay in Judge Torres issuing a ruling?How confident is Ripple's General Counsel in winning the case against the SEC at the Supreme Court?

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