John Deaton, a pro-XRP lawyer, recently made some statements regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Deaton believes that if Ripple loses to the SEC, no money may be collected for years, and only if Ripple loses on appeal. However, he also believes that if the Supreme Court takes on the appeal, which he thinks they will if Congress hasn’t acted by then, Ripple will win hands down. Ripple Legal Troubles Could Linger For Years Deaton’s view is that if the SEC wins, Ripple will appeal, and the current status quo will continue for the next 2-5 years. Deaton emphasized: Assuming the SEC wins and the civil case lawyers get a win because the judge in California follows Judge Torres’ ruling, Ripple will appeal that case as well, and there will be no money for years, if ever. In such a scenario, if Ripple loses all the appeals, the SEC would collect the money, not the civil plaintiffs. The SEC would then offer a payback ..
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