Will the SEC Appeal Against Ripple Succeed?
Legal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
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Ripple v. SEC case referred to judge who ordered Hinman docs release
US District Judge Analisa Torres has referred the case to Magistrate Judge Sarah Netburn.
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According to Marc Fagel, an SEC veteran and former Director, a ruling in the case between the SEC and Ripple might be coming in days.
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Deaton has revealed reasons why Judge Torres holds back on ruling the lawsuit.
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Attorney John Deaton has published his predictions for the year 2023 on Twitter.
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If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
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The long-running legal spat between Ripple and the SEC and Ripple is drawing close after two years.
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