According to Crypto Lawyer John Deaton Winning the Case Returns Ripple as a 99.9% Profit

Crypto News – Expert in crypto law John Deaton has provided an analysis of the US Securities and Exchange Commission (SEC) v. Ripple case. He argues that a $20 million or less settlement would represent a major win for the firm in court.

According to Crypto Lawyer John Deaton Winning the Case Returns Ripple as a 99.9% Profit

Deaton vehemently disagreed in a recent X post with the notion that the lawsuit’s outcome was a 50/50 win for the SEC, asserting that Ripple actually had a 90/10 edge. A post by Ripple’s chief legal officer, Stuart Alderoty, citing yet another legal loss for the SEC, served as the inspiration for Deaton’s comments.

The cryptocurrency community, which largely sees the proposed $20 million settlement as a good way to help Ripple, shares Deaton’s point of view. The evaluation takes into account the wider regulatory framework pertaining to digital currencies as well as the possible outcomes of the XRP case.

Alderoty Says SEC Lost Again This Week

The post by Stuart Alderoty advances the plot by highlighting the fact that the SEC lost again this week, carrying on a run of bad luck. In the SEC v. Govil case, the U.S. Court of Appeals for the Second Circuit held, according to Alderoty, that the SEC cannot ask for a significant disgorgement award unless it can show that investors have actually suffered financial injury. It basically means there is no punishment if there is no punishment.