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‘SEC Split on Decision to Appeal,’ Claims Crypto Lawyer John Deaton

Published 26/07/2023, 09:05
© Reuters ‘SEC Split on Decision to Appeal,’ Claims Crypto Lawyer John Deaton
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  • 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.

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…

The post ‘SEC Split on Decision to Appeal,’ Claims Crypto Lawyer John Deaton appeared first on Coin Edition.

The post ‘SEC Split on Decision to Appeal,’ Claims Crypto Lawyer John Deaton appeared first on Coin Edition.

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