According to the founder of Hogan & Hogan law firm Jeremy Hogan, the U.S. Securities Agency would not appeal if Judge Analisa Torres rules the XRP lawsuit in favor of Ripple and its top executives Brad Garlinghouse and Chris Larsen. 

“If the Judge rules in Ripple’s favor, I do not think the SEC is going to appeal. The reason I say that is because there is no benefit to the SEC to appeal because if the case goes to the Second Circuit in the Appellate Court, and the Second Circuit rules against the SEC, now that becomes a binding precedent.” 

“I’m 90% sure this is what they will do. When they lose, there won’t be an appeal because they don’t want to m*ss up their whole agenda here and enforce these regulations against the crypto space,”