What Will Happen Next in the XRP Lawsuit? You Won’t Believe What John Deaton Said!

Ah, the never-ending drama of Ripple versus the mighty SEC—like a play that just won’t end, no matter how much we beg for the curtain to fall. Following the latest ruling by Judge Torres, which, in all its glory, denied the SEC’s motion for an indicative ruling, legal experts are once again stirring the pot with their oh-so-clever predictions. How utterly delightful! 🎭

Enter John Deaton, our brave pro-crypto lawyer, who—like a knight in shining armor—has blessed us with his thoughts on what will happen next. A former senatorial candidate, Deaton seems to think he knows how this play will go. Spoiler alert: It’s not over yet, and the SEC is about to eat a big slice of humble pie. 🍰

So, what must happen for a new judgment in this drama-filled XRP lawsuit? Oh, it’s simple! In a live broadcast (because why wouldn’t you want to tune into that?), John Deaton proclaimed that the SEC must do the unthinkable: admit its blunders, drop all those tired arguments it’s been clinging to like a cat to a scratching post, and embrace the truth. Yes, dear reader, the SEC will need to work hand-in-hand with Ripple and cite some bills currently dancing through Congress about digital assets. Oh, and here’s the real kicker—they must declare that crypto is more like a commodity than a security. Who saw that plot twist coming? 😏

It seems that in the grand theater of law, no one is truly safe from the plot changes. Whether or not we get a new judgment depends on the SEC swallowing its pride, and frankly, who doesn’t enjoy watching that? Grab your popcorn, folks, this show is far from over. 🎬

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