What is Happening in the Ripple vs SEC Legal Case? Attorney John Deaton, Advocate for XRP, Provides Insight

The Settlement Between Ripple and the SEC

The never-ending legal battle between Ripple and the U.S. SEC is back in the news — and pro-XRP lawyer John Deaton recently broke down exactly what’s happening.

What’s This Settlement About?

The SEC and Ripple have reached a proposed settlement. In it:

If the judge agrees to this, the case would finally be settled and closed.

But Judge Torres Pushed Back

Many thought Judge Analisa Torres would quickly approve the deal, but she surprised both sides.

Is a Deal Still Possible?

Yes. Deaton believes the judge will likely approve the settlement eventually, giving it about a 70% chance, but she’s demanding a better explanation first.

Both sides now need to show how this deal serves both private interests (Ripple and SEC) and the public interest (protecting other crypto investors and companies).

Why Does It Matter?

This case has been one of the most important for crypto regulation in the U.S. If the injunction is removed and the fine reduced:

Deaton stressed that the judge’s past ruling would still stand, and crypto companies would still need to follow U.S. securities laws.