Crypto lawyers: Ripple has a 70% chance of winning US SEC lawsuit
The Internet reported that after nearly five years of litigation, Ripple and the U.S. Securities and Exchange Commission hope to reach a settlement, but they still need to persuade Judge Analisa Torres to change her sentence, lift the ban against Ripple, and reduce its $125 million fine to $50 million, citing "extraordinary circumstances" that justified the request. Cryptocurrency lawyer John Deaton puts a 70% chance that Analisa Torres will approve Ripple's victory, and the judge may prefer a final verdict rather than another round of litigation.
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