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XRP Lawsuit: Lawyer Predicts What Can Eliminate Jury Trial

The Ripple Defendants and U.S. Securities and Exchange Commission (SEC) recently filed their Partial Opposition to each other’s Motion to restrain several documents. With this move, both parties are now over with cross motions for Summary Judgment. However, XRP holders’ lawyer in the Ripple Lawsuit has dropped multiple predictions around the case ahead.

John Deaton, Amicus Curiae in the XRP lawsuit gave out his prediction for the year 2023. He mentioned that the SEC VS Ripple Lawsuit will not be settled until after a decision is drawn from the United States District Court Judge Analisa Torres.

He highlighted that a settlement could after come after the Summary Judgment. However, this would eliminate any potential jury trials ahead. While it is expected to clear any potential appeal.

(By Ashish Kumar)

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