Why an appeal in the Ripple case can be a long way

Why an appeal in the Ripple case can be a long way

Why an appointment in the Ripple case can be a long way

Jeremy Hogan, a Pro-XRP lawyer, recently announced his opinion about the opportunities for appeals to be found in the pending legal dispute between Ripple and the Sec.

While many in the crypto community have speculated about the outcome of an appeal, Hogan points out that the time of the case and the type of judgment is unlikely.

According to Hogan, most of the appeals are only filed after the procedure has been completed, which is not the case with the Ripple lawsuit. Since there is no final judgment, every appeal against the order of judge Torres would be an "interim calling".

Such objections are rarely granted and would usually lead to the publication of confidential information.

Hogan emphasizes that appeals are difficult to gain because the court of appeal generally follows the decision of the butcher, especially if the sub -court has checked the entire protocol. In this case, Richter Torres checked the entire protocol, which would make it difficult for both parties to lift the judgment in the appeal procedure.

If the SEC appeal should be made and lose, it would have to expect the decision to be followed by every second circuit court (DCA). This would create a precedent that would follow all courts within the 2nd DCA, which could possibly limit the ability of the SEC to strive for similar cases in the future.

Hogan also points out that Ripple will probably not appeal against the judgment as long as the company can pay for the punishment and that the judgment does not have a negative impact on the business. The verdict was even advantageous for Ripple, which means that the likelihood of the company is less.

The question of secondary market sales is a potential problem for the SEC in the appeal procedure. The judge's judgment could make it difficult for the SEC to argue that these sales were not registered securities offers.

Appeal against the judgment would probably lead to a lengthy legal dispute that could take months or even years. During this time, XRP investors would probably be confronted with persistent uncertainty and possible market volatility, since the outcome of the procedure remains uncertain.

The possible results of an appeal are anything but clear. An appeal could lead to the judgment being lifted, but it could also lead to confirmation of the decision of the judge. The result of any appeal would largely depend on the strength of the SEC and its ability to convince a higher court that the decision of judge Torres was incorrect.

Despite the potential risks and uncertainties, many investors remain optimistic about the future of Ripple and XRP. With a growing list of partners and the commitment to drive innovations in the blockchain area, Ripple has developed into an important player in the world of cryptocurrencies. Many experts predict significant growth and significant acceptance for the coming years.

Although the possibility of calls exists, Hogan's analysis suggests that they are unlikely. While the case is developing, the crypto community will observe exactly what happens next and what effects this could have on the future of XRP and other digital currencies.