Attorney John E. Deaton has drawn attention to a section of Judge Analisa Torres' latest ruling that could harm Ripple's chances of winning its lawsuit against the SEC. XRP supporters are celebrating Judge Torres' decision to deny the SEC's motion to seal the draft of William Hinman's 2018 speech, and XRP Productions has created a Twitter space to discuss the ruling. However, Deaton has expressed concern that a portion of the ruling could negatively impact Ripple's case, specifically related to financial data and the Howey analysis. The court is making progress towards issuing a summary judgment for the lawsuit, with Ripple expecting it to come before the end of the year.
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Attorney Deaton Highlights Excerpt of Judge Torres' Ruling That Could Affect Ripple's Lawsuit Against SEC
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