XRP Lawsuit: John Deaton Reveals What Ripple & SEC Must Do For A New Judgment

Following Judge Torres’ order, in which she denied the Ripple SEC motion for an indicative ruling, legal experts have given several opinions on what is next in the long-running legal battle. Pro-crypto lawyer and former senatorial candidate John Deaton has also commented on the ruling and revealed what both parties must do before Judge Torres can amend her judgment in the XRP lawsuit. What Ripple & SEC Must Do For A New Judgment In XRP Lawsuit In a live broadcast, John Deaton stated that the SEC will have to admit its mistakes and resign from its previous arguments if both parties are to get a new judgment in the XRP lawsuit. He added that the Commission would have to work with Ripple and cite bills currently in Congress relating to digital assets. In doing so, the agency would state that crypto assets are similar to commodities rather than securities and do… Read More at Coingape.com

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