Coin

<ul class="news-points"> 
 <li>John E Deaton predicted the adverse effects of Ripple losing to the SEC in the ongoing SEC-Ripple lawsuit.</li> 
 <li>Deaton argued that if the exchange fails in the legal battle, the consequences would be unfavorable for the XRP holders.</li> 
 <li>The XRP lawyer added that Ripple would file for an appeal and is likely to win after the ruling timeline.</li> 
</ul> 
John E Deaton, the prominent XRP attorney, recently predicted the adverse effects of the prolonged SEC-Ripple lawsuit, alluding to the consequences of the beleaguered crypto firm Ripple losing to the <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a>. The lawyer asserted that an unfavorable result for Ripple would be detrimental to the XRP community as the case would be extended with the firm filing for an appeal, resulting in a retained status quo. 
In a tweet shared by Deaton on July 6, he commented that the company would file for an appeal in the Supreme Court if the regulators win, upon which he believes that Ripple would win “hands down”. He added that the Supreme Court would consider the appeal if “Congress hasn’t acted by then”. 
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 If Ripple loses to the SEC there won’t be any money collected for years and ONLY if Ripple l…
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The post <a rel="nofollow" href="https://coinedition.com/xrp-attorney-spots-the-adverse-effects-of-ripple-losing-to-the-sec/">XRP Attorney Spots the Adverse Effects of Ripple Losing to the SEC</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Attorney Spots the Adverse Effects of Ripple Losing to the SEC

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