Crypto lawyer: A $20 million settlement is a 99.9% victory for Ripple

ChainCatcher news, according to Cointelegraph, renowned cryptocurrency lawyer John E. Deaton shared his insights on Ripple Labs' lawsuit against the U.S. Securities and Exchange Commission (SEC). He believes that a settlement of $20 million or less would constitute a significant legal victory for the company.

Deaton dismissed the view that the lawsuit's outcome is a 50-50 chance for the SEC, asserting that the result is closer to 90-10 in favor of Ripple.