John Deaton, pro-crypto lawyer, anticipates SEC might be pushed into a settlement with Ripple.
A Ripple settlement could have far-reaching implications for other crypto-related cases, including Coinbase.
Unraveling the SEC-Ripple Legal Drama
In the constantly evolving world of cryptocurrencies, the lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has captured significant attention. John Deaton, a renowned crypto-focused attorney, recently shed light on the ongoing legal skirmish, sharing insights that hint at an unexpected twist in this legal narrative.
During a recent interaction on X (formerly known as Twitter), Deaton responded to an assertion suggesting that the SEC might be contemplating a settlement with Ripple, but hesitated due to its ongoing lawsuits with other crypto organizations. Contrary to this, Deaton articulated a strong belief that the SEC, especially under its current leadership, isn’t yet in a position to consider a settlement.
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