Does the Threat of Lawsuit Continue in Ripple? “Big risk!”

In July 2023 SECachieved a significant victory against XRPhad experienced a tremendous rise.

SEC-Ripple While the final decision in the case has not been made, investors and the market continue to be curious about what the final decision will be.

at this point Crypto expert and famous Youtuber Zach Rector said in his latest video that Ripple may face a huge fine of $ 3 billion as a result of the lawsuit.

Famous Youtuber, He claimed that Ripple could pay more than $3 billion in fines to the SEC if Judge Torres rules that XRP sales made through the ODL channel are securities.

Because Zach Rector, Judge Torres did not accept individual sales in XRP as securities and stated that he reduced the amount of XRP with security potential to approximately $770 million.

At this point, the expert said that Ripple may be in a difficult situation if the judge overseeing the case, Torres, decides that sales of XRP through the ODL channel should be subject to the investment contract.

The expert also said that in case of a fine decision against Ripple RippleHe also claimed that he could extend the case process by appealing.

However, the SEC claimed that Ripple had sold $3 billion worth of XRP since the case began, and that it had also sold $1.3 billion worth of XRP unregistered since 2013.

*This is not investment advice.