Coin

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 <li><strong>Ripple Labs and the Securities and Exchange Commission (SEC) are engaged in a long-running legal battle.</strong></li> 
 <li><strong>Lawyer Bill Morgan, known for his insights, predicts an intense legal battle between Ripple and the SEC.</strong></li> 
 <li><strong>The SEC initially sought over $1 billion in penalties from Ripple, which was later revised down to $770 million.</strong></li> 
</ul> 
<p>The long-running legal case between Ripple Labs and the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission</a> is expected to ramp up, not wind down, according to analysis by crypto lawyers.</p> 
<p>In a series of tweets, lawyer Bill Morgan, known for his keen insights into the case, reviewed the remedies phase roadmap laid out in recent court filings. He predicts a “full-on” battle between the parties.</p> 
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   <p lang="en" dir="ltr">It will heat up not settle. The remedies phase in the <a href="https://twitter.com/hashtag/SEC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#SEC</a> v Ripple matter will be full on. I was refreshing my memory from the letters the parties sent to the court about the SEC’s intention to pursue the ultimately doomed motion for permission to file an interlocutory appeal./1</p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1717303236963733690?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 25, 2023</a>
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<p>“How do you get a settlement out of all that? I don’t think so at this time,” Morgan stated.</p> 
<p>The SEC initially sought over $1 bi…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/crypto-lawyers-predict-prolonged-fight-in-ripple-sec-case/">Crypto Lawyers Predict Prolonged Fight in Ripple-SEC Case</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Lawyers Predict Prolonged Fight in Ripple-SEC Case

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