𝗣𝗿𝗼-𝗫𝗥𝗣 𝗹𝗮𝘄𝘆𝗲𝗿𝘀 𝘄𝗲𝗶𝗴𝗵 𝗶𝗻 𝗼𝗻 𝗝𝘂𝗱𝗴𝗲 𝗧𝗼𝗿𝗿𝗲𝘀 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹𝗹𝘆 𝗴𝗿𝗮𝗻𝘁𝗶𝗻𝗴 𝗥𝗶𝗽𝗽𝗹𝗲'𝘀 𝗷𝗼𝗶𝗻𝘁 𝗺𝗼𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗦𝗘𝗖.
Pro-XRP lawyers weigh in on Judge Torres' potential approval of Ripple's joint motion with the SEC.
Some predict a 70% chance of approval. The motion aims to reduce Ripple's $125 million fine to $50 million.
This could bring the long-standing legal battle to a close. Others are less optimistic, citing weaknesses in the filing.
The joint motion also seeks to lift restrictions on Ripple's institutional $XRP sales. A favorable ruling could boost XRP's price.
A denial might extend the legal saga. The outcome will significantly impact XRP's future and the broader crypto market.
The lawyers' opinions highlight the uncertainty surrounding the case's resolution.
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