The legal face-off between Ripple and the SEC is one of the most pivotal cases in the crypto world. Legal expert Fred Rispoli recently shared his insights on the โ๐๐๐๐ฃ๐ ๐๐ฃ๐ ๐พ๐ง๐ฎ๐ฅ๐ฉ๐คโ podcast, hinting that the outcome might rest heavily on the panel of judges in the SECโs appeal. According to Rispoli, a pro-government panel could give the SEC a 70-80% chance of success, but Ripple is well-equipped to fight back.
A ๐ธ๐ฒ๐ ๐ฐ๐ผ๐ป๐ฐ๐ฒ๐ฟ๐ป ๐ณ๐ผ๐ฟ ๐ซ๐ฅ๐ฃ ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ๐ is the programmatic sales of XRP. Should the SEC win this part of the appeal, it could affect XRPโs legal standing and impact major exchanges like Coinbase and Kraken. In addition, the SEC is likely to push for increased penalties on Ripple, adding another layer of complexity.
Both Ripple and the SEC will appeal parts of the case they lost, but the outcome will set a precedent for the entire crypto space. Rippleโs ability to keep stakeholders on board during this process will be vital to its long-term success.
Stay tuned as this landmark case could shape the future of cryptocurrency regulation!
