Prominent cryptocurrency attorney John Deaton has offered insights into the United States Securities and Exchange Commission (SEC) vs. lawsuit. He contends that a settlement of $20 million or less would constitute a significant legal triumph for the company.
In a recent post on X (formerly Twitter), Deaton strongly refuted the idea that the lawsuit’s result was an even 50/50 outcome for the SEC, claiming that it’s closer to a 90/10 advantage in favor of Ripple. Deaton’s remarks were prompted by a post from Stuart Alderoty, Ripple’s chief legal officer, highlighting another legal setback for the SEC.
