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Prominent attorney and long-time XRP advocate John Deaton has shared his thoughts on one of the latest developments in the case between the U.S. Securities and Exchange Commission (SEC) and Ripple.
Reacting to Judge Analisa Torres’ decision regarding the SEC’s request for an indicative ruling to dissolve the injunction against Ripple, Deaton stated, “Although I believed she would ultimately grant the indicative ruling, I can’t say I’m shocked.” His comment reflects a balance between expectation and acknowledgment of the legal complexities surrounding the case.