Attorney Hogan asserts that the chances of a settlement in the SEC v. Ripple case have increased ten-fold after the court declared XRP a non-security. Following the court’s ruling on the SEC v. Ripple case, legal experts have been speculating on the next outcome of the lawsuit. Securities Lawyers Predict SEC Will Appeal In what […] The post Top US Lawyer Says Chances of a Settlement in SEC v. Ripple Case Have Spiked 10X first appeared on The Crypto Basic.

Top US Lawyer Says Chances of a Settlement in SEC v. Ripple Case Have Spiked 10X

Attorney Hogan asserts that the chances of a settlement in the SEC v. Ripple case have increased ten-fold after the court declared XRP a non-security.

Following the court’s ruling on the SEC v. Ripple case, legal experts have been speculating on the next outcome of the lawsuit.

Securities Lawyers Predict SEC Will Appeal

In what is considered a significant win for Ripple, the court ruled that XRP is not security. It also added that the company’s programmatic XRP sales on exchanges do not constitute an investment contract, and therefore it is not a security.

Meanwhile, many securities lawyers, including John Reed Stark and Marc Fagel, speculate that the SEC will appeal the part of the court’s ruling it lost, and the Second Circuit will overturn the decision.

Attorney Hogan Says Settlement Chances Up 10X

On the contrary, pro-XRP lawyer Jeremy Hogan believes Judge Torres’ declaration of XRP as a non-security will trigger a settlement between the parties.

In an  interview yesterday with Darren Moorejr, Attorney Hogan said the chances of the parties settling had skyrocketed 10X after the judge ruled that XRP is not a security.

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