Cryptocurrency lawyer John Deaton shared his views on the case between the US Securities and Exchange Commission (SEC) and Ripple, suggesting that a settlement amount of $20 million or less would mean a significant legal victory for Ripple. Deaton rejected the idea that the outcome of the case was balanced, stating that the situation favored Ripple at approximately 90%/10%. Deaton made the comments in response to a post by Ripple's General Counsel Stuart Alderoty highlighting another legal blow for the SEC. In the cryptocurrency community, the $20 million proposed settlement is seen as a viable solution for Ripple, consistent with Deaton's view. The SEC initiated legal action against Ripple Labs in December 2020, claiming that the company engaged in an unregistered securities offering by selling the native cryptocurrency XRP. Judge Analisa Torres ruled that XRP was not a security when traded on the secondary market, and the charges against Ripple executives were reduced during the trial. Meanwhile, Judge Torres approved a joint request for the SEC and Ripple to propose a briefing schedule to address institutional sales of XRP. Judge Torres ordered both sides to submit a joint briefing schedule no later than November 9, citing ongoing developments in this high-profile legal battle.