<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/will-ripple-overcome-sec-legal-challenges" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Ripple Overcome SEC Legal Challenges?</a><br></p>
<p style="text-align: justify">Legal analyst Fred Rispoli has suggested that <a href="https://en.bitcoinhaber.net/ripple-restructures-xrp-escrow-holdings" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a>‘s prospects in the ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC) may be more favorable than previously thought. He indicated that the presence of an impartial panel could significantly boost Ripple’s chances of prevailing in the case. Conversely, if the judges are inclined to support the SEC, the agency’s chances of winning could soar to between 70 and 80 percent.</p>
<h2 style="text-align: justify" id="what-are-ripple-s-winning-odds">What Are Ripple’s Winning Odds?</h2>
<p style="text-align: justify">In a recent discussion on the Thinking Crypto podcast, Rispoli emphasized that if the judges in the second circuit appellate court are unbiased, Ripple’s likelihood of succeeding could reach up to 70 percent. He underscored the importance of identifying the three judges assigned to the case, as their decisions will be pivotal to the outcome.</p>
<h2 style="text-align: justify" id="could-the-sec-s-case-be-reversed">Could the SEC’s Case Be Reversed?</h2>
<p style="text-align: justify">Rispoli also posited that the appellate court could overturn some of Judge Analisa Torres’ earlier rulings, which favored Ripple. It has been reported that Ripple’s Chief Legal Officer, Stuart Alderoty, is contemplating a cross-appeal, a move Rispoli described as essential to increasing their chances of winning.</p>
<ul>
 <li>Rispoli believes litigation could extend until January 2026.</li>
 <li>The SEC is likely to challenge not only the monetary penalties but the entire summary judgment.</li>
 <li>Ripple’s favorable ruling regarding <a href="https://en.bitcoinhaber.net/xrps-price-hike-predicted-by-crypto-analyst-with-key-indicator" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>‘s status will hold until there is regulatory clarity.</li>
</ul>
<p style="text-align: justify">The outcome of Ripple’s legal battle with the SEC could have far-reaching implications for the cryptocurrency landscape, potentially influencing market confidence and regulatory perspectives widely.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/will-ripple-overcome-sec-legal-challenges" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Ripple Overcome SEC Legal Challenges?</a></h5>

Will Ripple Overcome SEC Legal Challenges?

Table of Contents

BH NEWS

Other articles published on Oct 6, 2024

XRP, DOGE, and 22 Altcoins See Sharp Decline: Millions Lost in Market Wipeout

3 Cryptos That Could Spark October Rally, per Santiment!

BitGo Wrapped Bitcoin Registers 65% Market Dominance

EOS Network Hits New All-Time High in Total Value Locked (TVL)

Dev is fish makes waves in the sui ocean and announces onlyfins

Morning Star Patterns Illuminate Aptos’ Charts, Is APT Gearing for Ascent?

Join our free newsletter for daily crypto updates!