🎉Great news for Ripple enthusiasts! US attorney John E. Deaton, representing thousands of Ripple investors in the lawsuit against the SEC, believes the regulator's chances of winning are slim to none.🥳 Deaton called the SEC's claim for faster adjudication the "dumbest argument" he'd ever heard and sees their only option as prolonging their inevitable loss through appeals.👨⚖️
Ripple's recent partial win in mid-July, where a US Judge ruled that XRP sales did not constitute an offer of investment contracts, boosted the digital asset's price by over 70%!🚀 Despite the SEC's appeal in September, Deaton predicts Judge Torres will rule in favor of Ripple again.🏆
If Ripple emerges victorious, experts predict a significant impact on XRP's price.📈 Crypto analyst KALEO believes the SEC's appeal will hit a dead end, triggering a price rally for Ripple's native token. So, keep your eyes peeled, and let's see where this legal rollercoaster takes us!🎢