Legal Experts Specialized in XRP Predict Ripple’s Defeat in Latest Legal Battle

Legal experts in the pro-XRP community are predicting that Ripple Labs will likely lose its latest court motion in the ongoing legal process with the US Securities and Exchange Commission (SEC). Attorney Jeremy Hogan, in a recent post on Platform X, highlighted Ripple’s potential loss in its recent legal action. Hogan expressed his belief that the SEC will win the motion, even if the court considers the witness to be an expert. He also mentioned that instead of attacking the witness, the court might allow Ripple to depose him. Another lawyer from the pro-XRP community, Bill Morgan, shared a similar pessimistic view, stating that Ripple will lose the motion but the judge will accept that the witness provided some expert evidence and allow Ripple to testify. The XRP community is anxiously waiting for the SEC’s brief response on May 6, which could seal the course of the case. The SEC’s comment will be in response to Ripple’s opposition to the SEC’s request for a fine of approximately $2 billion. These recent developments will ultimately lead to Judge Analisa Torres’ ruling on Ripple’s penalty for selling XRP to institutional investors.