Ripple Investors’ Lawyer Speaks! Will There Be A Good Decision For XRP?

SEC‘of XRPIn the lawsuit filed by .

While Ripple investors are focused on the news from the court, different statements continue to come from lawyers.

Acting as the advocate for Ripple investors John Deaton In his final assessments regarding the outcome of the case, he stated that the summary decision will have a great impact, but that the decision to be issued by the appeal court is more important in the future.

Here are Deaton’s reviews:

“The decision of the appellate court in the XRP case will be far more important than the decision of the district judge.

Of course, Judge Torres’ decision will have a big impact. In fact, this decision will determine whether the SEC and Gary Gensler’s “enforcement regulation and control” method of cryptocurrencies will come to an end.

If the decision goes in the SEC’s favor, Gary Gensler’s method will win. If Ripple wins, this SEC practice will end.”

Commenting on the possible decision of the court, Deaton said that the court could make a bilateral decision and He said that Ripple offers unregistered securities, but can judge that XRP is not a stand-alone security.

One of the dangers here, according to Deaton, is that unregistered securities lawsuits can result in infringement even if the sale does not occur. Accordingly, even the submission of such an offer can be considered as a violation of the law.

Ripple continues to be the 7th largest cryptocurrency despite all the troubles, bear market and SEC threat.