XRP's Future: SEC Case, Rally, Hacking, and Regulatory Landscape

1 min read
Source: Cointelegraph
XRP's Future: SEC Case, Rally, Hacking, and Regulatory Landscape
Photo: Cointelegraph
TL;DR Summary

Pro-XRP lawyer John Deaton has predicted less than a 3% chance of the SEC winning outright against Ripple in the ongoing lawsuit, with a 25% chance of an outright win for Ripple and a 50% chance of a "splitting the baby" ruling. Deaton also believes that XRP will be deemed not a security and that secondary market sales will not be affected. He also predicts that Ripple's XRP token could reach between $2 and $10 following a positive ruling. Additionally, rumors are circulating that Ripple may potentially IPO as a public company following the conclusion of the lawsuit.

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