Amid growing speculation in the ongoing Ripple vs. SEC case, former SEC attorney Marc Fagel has stated that Judge Analisa Torres is unlikely to reverse her decision on Ripple’s liability. Instead, he suggests the case will now shift toward determining remedies and penalties, rather than revisiting the core ruling.
This comment follows a bizarre filing from Justin W. Keener, claiming to present “decisive evidence” favouring Ripple. Fagel dismissed the submission as unauthorized and likened it to courtroom spam.
With Ripple withdrawing its cross-appeal and legal experts forecasting closure within two months, the case appears to be heading toward a final resolution.
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