Ripple Case Ruling Might Prove to Be Crypto's Biggest Week, John Deaton Says

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Ripple Case Ruling Might Prove to Be Crypto's Biggest Week, John Deaton Says
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Pro-Ripple lawyer predicts XRP-SEC lawsuit ruling might be crypto's biggest week ever XRPArmy XRPHolders XRPCommunity XRP $XRP

As investor sentiment improved, Bitcoin, the largest cryptocurrency by market value, breached the critical $30,000 level on Tuesday for the first time in 10 months.

According to him, in previous cases, Judge Torres issued her summary judgment ruling within a couple of months of her Daubert/experts' decision. Deaton gave an instance of a previous case where Judge Torres issued a summary judgment ruling 60 days after her Daubert decision. THIS is the issue that"saves" crypto in the U.S. because a Ripple win on a Howey analysis is a big setback for the SEC, but not a dagger in the heart.The Howey test isn't outdated, it just needs an upgrade. Hopefully our mechanic is up to the task.On the contrary, if the judge does not grasp what"crypto" is, an appeal of the case might be likely, which is but a"line in the sand.

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