According to PANews, Dennis Kelleher, President and CEO of the nonprofit organization Better Markets, which aims to create a safer financial system for Americans, has stated that the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning its lawsuit against Ripple over XRP. Kelleher criticized the court's ruling, arguing that the judge in the Ripple case misapplied the law.
Previously, Ripple's legal chief had anticipated that the SEC would appeal, although the probability of overturning the lower court's decision was estimated to be less than 10%.
