- Crypto lawyer John Deaton affirms the SEC’s senior officials are split on what to do regarding the outcome of the SEC vs. Ripple case.
- The crypto lawyer believes that the SEC could opt for one of two ways, and that both routes have implications for the crypto space.
- Meanwhile, XRP traded at $0.7008 after it gained 1.8% over the past day.
Pro-XRP advocate John Deaton believes the senior officials of the U.S. Securities and Exchange Commission (SEC) are split on what to do regarding the outcome of the SEC vs. Ripple case. Over the past few days, several crypto lawyers have been speculating about the SEC’s future actions and about the possibility of an appeal.
I believe this is he biggest and hottest debate at the SEC and I believe there are Senior SEC officials who are split on what to do. Some will say don’t appeal and the SEC can argue “facts and circumstances” and that XRP is a unique story, one not shared by other tokens. If you… https://t.co/mIA64MwZvd— John E Deaton (@JohnEDeaton1) July 25, 2023
Deaton predicts that the SEC might take one of two routes. The SEC could argue “facts and circumstances” and claim that XRP’s case is uniqu…
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The post ‘SEC Split on Decision to Appeal,’ Claims Crypto Lawyer John Deaton appeared first on Coin Edition.