Crypto Lawyer Reveals Impending Ripple Lawsuit Judgment as Bittrex Challenges SEC and Fidelity Joins Bitcoin ETF Race
Lawyer John Deaton, representing XRP holders in the SEC vs Ripple lawsuit, sheds light on the imminent judgment, stating that the delay is normal in the civil justice system. The case is complex and involves multiple motions and hundreds of pages of arguments. The judge is likely taking time to thoroughly consider her ruling, given the case's significance and scrutiny. The decision could be made by September 6th. Deaton dismisses claims of corruption and emphasizes the importance of the case for international trade and U.S. economic policy. If the decision is in Ripple's favor, the SEC may appeal, and if it's in the SEC's favor, they may still appeal or negotiate with Ripple. The judge is aware that the case may go to the US Supreme Court.