SEC has 3%–14% chance of success in Ripple appeal, lawyers predict By Cointelegraph
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The United States Securities and Exchange Commission has a very slim chance of winning its appeal against in the ongoing lawsuit, according to lawyer Bill Morgan, who has been closely following the lawsuit.
Morgan, in a post on X (formerly Twitter), argued that there is no obvious appellable error other than in “Ripple’s favour regarding ODL sales which don’t meet at least two prongs of the Howey test,” while adding that there is a very slim chance of about 3% for SEC’s success in getting an appeal against Ripple.
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The United States Securities and Exchange Commission has a very slim chance of winning its appeal against in the ongoing lawsuit, according to lawyer Bill Morgan, who has been closely following the lawsuit.
Morgan, in a post on X (formerly Twitter), argued that there is no obvious appellable error other than in “Ripple’s favour regarding ODL sales which don’t meet at least two prongs of the Howey test,” while adding that there is a very slim chance of about 3% for SEC’s success in getting an appeal against Ripple.
Continue Reading on Cointelegraph
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