Renowned crypto lawyer John E. Deaton provides insights on Ripple's XRP lawsuit, suggesting that a settlement under $20 million would be a significant legal win. He refutes the idea of a 50-50 outcome for the SEC, leaning toward a 90-10 advantage for Ripple.
Deaton strongly refuted the idea that the lawsuit’s result was an even 50-50 outcome for the SEC, asserting that it leaned closer to a 90-10 advantage in favor of Ripple.Prominent cryptocurrency attorney John E. Deaton has offered insights into the Ripple Labs XRP lawsuit against the Securities and Exchange Commission . He contends that a settlement valued at $20 million or less would constitute a significant legal triumph for the company.
regarding the SEC and Ripple’s joint request to propose a briefing schedule to address institutional sales of XRP. This relates to the segment of the XRP lawsuit in which the company was determined to have breached securities laws. Judge Torres instructed the parties to provide a joint briefing schedule no later than November 9.
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