Top Legal Expert Jeremy Hogan Predicts Ripple’s Victory in SEC Appeal Over XRP Sales – Coinpedia Fintech News
According to renowned attorney Jeremy Hogan, the ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Ripple will blow the latter. During a detailed discussion on Crypto Law, Hogan offered a bold prediction regarding the case’s potential outcome.
A Shift in Tide
Hogan shed light on a crucial event that has captivated the crypto community’s attention – the SEC’s unexpected decision to drop its claims against Ripple executives Bradley Garlinghouse and Chris Larsen. This move has sparked speculation regarding the SEC’s evolving stance on cryptocurrencies, with many wondering if this signals a broader shift in policy.
Hogan, however, expressed skepticism about this being a pivotal moment for the SEC’s approach to crypto regulation. He emphasized that while the dismissal is notable, the real battleground lies at the appellate level, where the actual implications for the industry will be determined.
Turning the focus towards Ripple, Hogan confidently predicted a sweeping victory for the company in its appeal. He estimated a 51.6% chance that Ripple would triumph on its blue sky defense, leading to a win across all categories of XRP sales involved in the case. This forecast, he believes, marks a crucial juncture in the legal battle, potentially setting a precedent for future cryptocurrency regulations.
Why Hogan’s Opinion Should Matter
Jeremy Hogan’s sudden emergence as a prominent figure in cryptocurrency legal discussions might surprise some, including his wife, who shared her astonishment at the swift transformation of Hogan and Hogan into U.S. securities law experts.
She recounted the unexpected journey from creating videos for their website to becoming a sought-after voice in the crypto community. Hogan is one of the most respected and renowned experts in the industry at the moment, so when he speaks, the community tends to listen.
https://youtube.com/watch?v=R9nuY643cOo%3Ffeature%3Doembed
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