There Ripple victory against the SEC East ” imminent », « indisputable “… say some observers. But no date has never been mentioned as to the dissemination of the decision of Judge Analisa Torres. For pro-XRP lawyer John Deaton, it should happen very soon.
Deaton advances a date range
In an interview with CNBC, Monica Long said that there is ” a lot of hope » as for a positive outcome of the trial Ripple against SEC. And she is not the only one to stick to this position. Indeed, XRP whales offered 420 million eponymous tokens 10 days ago. The reason: prediction of a victory against the team of Gary Gensler.
Hovering over John Deaton’s Twitter account, The Daily Hodl highlighted the following point. This pro-crypto lawyer who has closely followed the Ripple vs SEC case argued thatwe will soon know the verdict of judge Torres.
” There is no deadline for her to render her decision today. It could be delivered in the next few hours or take another 30 to 60 days. Considering previous cases, Justice Torres released her decision on summary judgment a few months after deciding the Daubert/Experts case. »
Admittedly, the words of John Deaton lack precision, but he dared to advance a shorter period compared to Monica Long. Between 30 and 60 days, so we can advance dates at the beginning of May or June. However, the president of Ripple is indeed planning a postponement of judgment in the Ripple vs SEC case by the end of 2023.
No advance information regarding verdict on Ripple vs SEC case
John Deaton, the amicus curiae representative of the XRP hodlers in this case, like Coinbase, however, clarified that there will be no possible leak of information long before the release of Judge Torres’ decision.
” I see comments about ‘insiders’ and whether Ripple and the SEC will be notified in advance. The only people who will know before the judge makes her decision public are her collaborators and the clerks who helped her in her research or in writing the decision. “, he tweeted.
According to Monica Long, the Ripple lawsuit against SEC is not just about these two entities. The entire cryptosphere is affected by this case and if the regulator wins, there will be risks of complications in the future.
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