The Ripple vs. SEC legal battle has been ongoing for 931 days, with the community eagerly awaiting a ruling. Attorney John E Deaton, representing XRP holders, recently took to Twitter to shed light on the prolonged timeline and dispel speculations surrounding the case.
Deaton emphasizes the importance of considering other cases before Judge Torres that have encountered similar delays, and urges caution before jumping to conspiracy theories.
The SEC's primary objective is to secure a significant financial penalty of $1.3 billion and a permanent injunction, but the fate of Ripple's XRP escrow accounts is likely to remain intact unless a settlement is reached after Judge Torres' ruling.
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