Crypto Lawyer Says SEC vs. Ripple Verdict May Come This Week

• Crypto lawyer John Deaton believes that a verdict in SEC vs. Ripple case may come as soon as this week.
• Deaton believes that Ripple can appeal the ruling in case the SEC wins a favorable verdict.
• The upside and downside of Ripple’s potential loss are yet to be determined.

Crypto lawyer John Deaton took to Twitter to share his thoughts on the latest developments in the Securities and Exchange Commission’s (SEC) controversial lawsuit against Ripple. Deaton is of the opinion that XRP, the cryptocurrency at the center of this lawsuit, has the most attractive risk-to-reward ratio.

XRP has the most attractive risk/reward ratio IMO. The Judge’s ruling is coming down w/in the next few weeks (maybe this week). If the SEC wins, what’s the downside from .45? Ripple appeals and we get the status quo. Ripple wins and its made clear XRP isn’t a security? Upside?

— John E Deaton (@JohnEDeaton1) March 26, 2023

John Deaton added in his tweet that a ruling from Judge Analisa Torres of the United States Southern District Court of New York is imminent and may come as soon as this week. According to the crypto lawyer, in the event that the securities regulator wins…

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