Crypto lawyer John Deaton has given his thoughts on the latest developments in the long-running Ripple (XRP) vs. SEC saga. He puts the odds of the court case ending in a partial victory for Ripple at 50%.
Deaton said in a recent interview:
“I think that XRP itself is not recognized as a security, and sales in the secondary market confirm my opinion. Even if [the judge] decides that Ripple violated the law, this will not apply to the secondary market.”
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Crypto lawyer John Deaton has given his thoughts on the latest developments in the long-running Ripple (XRP) vs. SEC saga. He puts the odds of the court case ending in a partial victory for Ripple at 50%.
Deaton said in a recent interview:
“I think that XRP itself is not recognized as a security, and sales in the secondary market confirm my opinion. Even if [the judge] decides that Ripple violated the law, this will not apply to the secondary market.”