SEC’s Battle Against Ripple: A Crucial Moment for $XRP Holders ⚖️
As the legal showdown between the SEC and Ripple continues to unfold, attorney Fred Rispoli has shared some key insights that could determine the future of $XRP. Appearing on the "Thinking Crypto" podcast, Rispoli revealed what could make or break the SEC’s chances of winning the case. According to him, the outcome may depend largely on the panel of judges that gets assigned to handle the appeal. 📜
He emphasized, “If the panel has a track record of siding with the government, the SEC's odds could skyrocket—possibly giving them a 70-80% chance of winning." This puts Ripple and $XRP holders on edge, as the panel’s composition might tilt the scales in favor of the SEC. 😨
However, Rispoli believes Ripple has the tools to fight back. Despite the risks on both sides, Ripple's chances could improve in certain areas of the case, particularly in programmatic sales, which he sees as the most dangerous aspect for $XRP holders. This part of the appeal will likely be the SEC’s key target, and if they succeed, it could spell trouble not only for Ripple but also for other major players like Coinbase and Kraken. 🔥
Rispoli also anticipates that the SEC will push for higher penalties in the final judgment, making it even more crucial for Ripple to maintain the confidence of its institutional investors throughout the appeal process. With so much at stake, this battle could define the future of $XRP and the wider crypto market. 🌐
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