Ripple Will Win Now, 'Zero Doubt,' CryptoLaw Founder Says, But There's a Catch

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Ripple Will Win Now, 'Zero Doubt,' CryptoLaw Founder Says, But There's a Catch
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'Zero doubt' that Ripple would win should this happen: CryptoLaw founder JohnEDeaton1. $XRP

However, he took this topic a little further and made a comment regarding the current lawsuit between the SEC and Ripple Labs, as to whether it should pass on to the U.S. Supreme Court as well.Deaton commented on a tweet by Twitter user @AP_Abacusm, who wrote that there was a chance that the case of Grayscale could be moved to the U.S. Supreme Court. He added that"sharp legal sources are impressed with the Grayscale's brief in front of the DC Circuit and believe a win is possible.

The founder of CryptoLaw stated that he reckons a win is"more than possible." He considers the odds that Grayscale will win in the DC Circuit to be 50/50, and should the case move to the U.S. Supreme Court, the chances to win against the SEC are 75-80%. Deaton believes that the denial of Grayscale's request to launch a spot Bitcoin ETF, while the regulator has already allowed Bitcoin futures and short ETFs, is"arbitrary and capricious."

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