🚹 90% Chance Ripple (XRP) Will Lose Against SEC on Appeal?! 🚹

The standoff between the SEC and Ripple Labs is taking a decisive turn after Judge Analisa Torres fined the company $125 million. The decision, which partially upheld and dismissed some of the SEC’s claims, has sparked a wave of speculation among industry experts. What will be the impact on the price of XRP? One thing is for sure, the tension is at its peak! âš–ïžđŸ’„

đŸ”„ SEC 90% Winner on Appeal?! đŸ”„

Did you know that the fine imposed on Ripple represents an incredible 94% reduction from the SEC’s original demands?! No wonder many analysts expect the Commission to appeal the verdict. According to Dennis Kelleher, a former Senate counsel, the SEC has an overwhelming 90% chance of winning on appeal. đŸ˜±

Kelleher says Judge Torres made a monumental error in ruling that only institutional investors, not unsophisticated investors, are protected by securities laws. This explains why other judges have overturned similar decisions.

Additionally, these comments come in response to Stuart Alderoty, Ripple's chief legal counsel, who said that Ripple is prepared to pay the fine and anticipates a resolution within 24 days. đŸ’Œâł

#Ripple #SEC

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