Coin Edition -
- Prominent legal figures assess SEC’s chances in Ripple case appeal.
- Attorney Jeremy Hogan suggests 14.2% success based on historical data.
- Bill Morgan argues there is no apparent appellable error other than in Ripple’s favor.
Prominent legal figures in the crypto community are now speculating about the U.S. Securities and Exchange Commission (SEC)’s limited chances of winning on appeal in the case with Ripple Labs. This development comes amid the recent dismissal of the trial against two Ripple executives.
In a recent tweet, attorney Jeremy Hogan argued that, by and large, the SEC vs. Ripple case is over, noting that the regulator already withdrew a critical trial in the case. In his words:
“The facts have been set. Nothing new or surprising will be coming out, which means the court will be issuing a Final Judgment (probably) sometime next year.”
"For all Intents and Purposes" the Ripple v. SEC case is over.Yes, important hearings will be held in the coming months (deciding a judgment of up to $770 million is of course important).But, YOUR time for hand wringing over this case is done. IMO.