Ripple: crypto lawyer shares take on lawsuit settlement given Hinman emails RippleXRP XRPArmy $XRP XRPCommunity XRPHolders
revised his belief that a settlement in the Ripple-SEC lawsuit might be unlikely due to the Hinman emails.
In a 2018 lecture, former SEC official William Hinman stated that Ethereum was not a security. After much wrangling from the SEC, Ripple confirmed in October that it now possessed the highly sought-after Hinman emails. I haven’t become more pessimistic. Just giving my honest opinion, which may be proven wrong. I do not believe the judge grants summary judgment in favor of the SEC in the way the SEC is requesting. I just believe if the case was going to settle b/c of the emails it would’ve.With the motions for summary judgment and to exclude expert testimonies now fully briefed, John Deaton believes a court verdict is more likely than one of settlement.
According to him,"Judge Torres has implied that the Hinman emails, drafts, and comments are relevant only for purposes of cross-examination or impeachment. I don’t believe they are as damaging as people once believed. If they were, I believe the case would’ve settled by now and the emails wouldn’t have been turned over to Ripple."According to U.Today, the majority of the XRP community — up to 59% — believes the case will be settled.
In his 2023 predictions, Miles Deutscher predicts that the XRP court case will come to an end this year."After long and drawn-out proceedings for the last couple of years, I expect a final resolution. It's likely to come to an end via a settlement. Remember, a win for XRP is a win for crypto," he wrote.
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