A cryptocurrency lawyer claims that Ripple has won 99.9% of the $20 million settlement.
Renowned bitcoin lawyer John Deaton has provided analysis on the US Securities and Exchange Commission (SEC) vs. Ripple legal dispute. He argues that the corporation would achieve a major legal victory with a payment of $20 million or less.
Deaton vehemently disputed the notion that the lawsuit's outcome was a 50/50 win for the SEC in a recent post on X (previously Twitter), asserting that Ripple really had a 90/10 edge. Stuart Alderoty, chief legal officer of Ripple, said something that highlighted yet another legal defeat for the SEC, which sparked Deaton's comments.
Deaton's perspective is in line with the overall consensus in the cryptocurrency industry, which sees the proposed $20 million settlement as a good way to help Ripple. The estimate takes into account the regulatory landscape for digital currencies in general as well as the possible fallout from the XRP XRP 0.68 tickers down legal action.
