Top Lawyer Confident SEC Will Not Appeal If Ripple Wins Lawsuit

The Ripple vs. SEC lawsuit has been a long and closely watched battle in the crypto world. With the Ripple vs. SEC summary judgment expected to come, speculation is rife about what will happen next. Attorney Hogan explains why the SEC will not appeal if summary judgment is granted in Ripple’s favor. Many experts are weighing in, but one sentiment is gaining traction: if Ripple wins, the SEC is unlikely to appeal.

A federal judge’s recent ruling has delivered a decisive blow to the SEC’s case. The judge imposed a $125 million penalty on Ripple, a far cry from the agency’s initial demands. This perceived weakness has fueled the belief that the SEC may avoid further litigation.

According to Attorney Jeremy Hogan, a Partner at Hogan & Hogan law firm, is among those who believe the SEC will not appeal the decision. According to Hogan, the SEC will not appeal any favorable ruling for Ripple.

Digital assets lawyer Bill Morgan suggests the U.S. Securities and Exchange Attorney Hogan explains why the SEC will not appeal if summary judgment is granted in Ripple’s favor. The crypto community on X called the SEC corrupt for filing the XRP lawsuit in the first place.

Why would the SEC avoid an appeal? Attorney Hogan, a partner at Hogan & Hogan law firm, said that the SEC will see no benefit in appealing if Ripple wins the lawsuit. According to the attorney, the Second Circuit court would likely uphold a victory for Ripple, potentially setting a negative precedent for future SEC actions in the crypto space.

Ripple and the SEC finally settled their long-running legal battle on, agreeing to a $50 million deal. The deal was followed after months of appeals and legal maneuvering, but the prevailing opinion, echoed by experts like Attorney Jeremy Hogan, suggests that the SEC won't be inclined to further prolong the dispute if Ripple achieves a favorable outcome. The potential risks outweigh the potential rewards.