XRP Case: Crypto Lawyer Says SEC's Victory Over LBRY Is Not End for Ripple

Lawyer confident of $XRP winning despite LBRY recent loss xrpsec ripplexrp xrparmy xrpcommunity xrplnft xrp ripplesec

Yes, the court's finding that LBRY was selling LBC as unregistered securities is a total victory for the SEC, the lawyer says, but it does not mean an immediate defeat for Ripple. Deaton's argument is that the LBRY case has not set a precedent, and the judge in themay not take the recent result into account when rendering his own decision. Moreover, according to the lawyer, Ripple has more than a 50% chance of winning the case.

Ripple has a much better chance than 50/50, but its not because of Ripple or what they did or didn’t do, it’s about how the SEC chose to prosecute the case. The SEC chose to go with an all or nothing approach: All XRP from the beginning of time until the end of the world theory.

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