XRP Advocate's Bold Bet, Counting On SEC Appeal Failure In Ripple Case
Counting On SEC’s Failure In Ripple Case Deaton’s enthusiastic reaction follows a detailed X thread penned by Australian lawyer and digital asset enthusiast Bill Morgan. The tweet meticulously dissects Judge Torres’s logical approach in her ruling, which Deaton sees as a formidable foundation for a potentially unfavorable outcome for the SEC. “She took each type of sale chosen and defined by the SEC and applied the Howey test. I’m willing to bet significant funds she doesn’t get reversed on appeal,” Deaton asserted. advertisement Central to the discourse is the SEC’s division of Ripple’s XRP sales into three distinct categories, a classification the judge opted to scrutinize individually. This marked departure from the conventional legal approach allows for a more comprehensive evaluation of the case’s multifaceted nature. The judge’s key finding was the disparity in treatment between institutiona...