A lawyer has provided insights into the potential outcomes if the U.S. Securities and Exchange Commission (SEC) decides to appeal the Ripple ruling regarding XRP. Despite the securities regulator’s indication to appeal the ruling, the lawyer emphasized that “There isn’t an immediate right to an appeal.” He pointed out that if the case is appealed, it will take two years before a decision is issued by an appellate court.
Lawyer Discusses SEC Appeal of Ripple Ruling
Following the recent ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple case concerning XRP, speculations arise that the securities regulator might appeal the decision made by District Judge Analisa Torres.
John E. Deaton, a well-known lawyer in the XRP community, has provided his analysis and insights regarding the potential outcomes of the SEC’s appeal. An “appeal is not even close to be a setback” for XRP, he tweeted on Saturday, elaborating:
It will be two years from now before a decision
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