Attorney John Deaton has expressed his confidence in Ripple’s victory against the SEC’s appeal. He is willing to place a significant bet on the outcome, supported by Australian lawyer Bill Morgan who analyzed Judge Analisa Torres’ ruling on the case. Judge Torres carefully evaluated each category of XRP sales using the Howey test and categorized them accordingly. While Deaton remains steadfast in his belief, there are mixed reactions within the crypto community and speculation that the decision may not hold during the appeal. The outcome of the case will have significant implications for the cryptocurrency industry.
AI Sentiment: Positive