Can Ripple Still Lose? Top Lawyer Estimates Odds of SEC's Victory

The legal battle between Ripple and the U.S. Securities and Exchange Commission has seen numerous twists and turns over the last few months. Attorney Jeremy Hogan recentlyon the ongoing dispute, giving the SEC a mere 2.367% chance of victory — playfully likening it to the odds of the Jets securing a Super Bowl win.

This conclusion stems from Hogan's in-depth analysis, which dissects the potential trajectories the case might take.Hogan's analysis has dissected a winding and complex path the SEC would need to navigate for a decisive win against Firstly, should the SEC opt for an appeal next year, and should the appellate court back them in 2025, it will not spell the end of the matter. The reason lies in the phrasing of the Judge's initial order, which would require the appellate court to reroute the case back to the trial judge for more detailed judicial evaluations.

Beyond these procedural challenges, the SEC must resist settling, succeed in their initial appeal , persevere through subsequent hearings and finally triumph in yet another appeal. This does not even factor in potential external game-changers, like an Act of Congress, a shift in the political regime, or other unforeseen developments.

Source: Law Daily Report (lawdailyreport.net)

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