Legal expert Fred Rispoli, Ripple 
$0.530443He stated that ‘s chances may be higher in the lawsuit filed by the United States Securities and Exchange Commission (SEC). According to Rispoli, Ripple’s probability of winning increases if there is an impartial/independent board in the case. However, if the judges are inclined to rule in favor of the government, the SEC’s chance of winning may be between 70% and 80%.
Ripple’s Likelihood to Beat the SEC
Rispoli stated in the Thinking Crypto podcast that if the second circuit appeals court judges are impartial, there is a 70% probability in Ripple’s favor. The lawyer emphasized that the identity of the three judges who assigned the case is decisive for this possibility.
We previously announced that the SEC was appealing Judge Analisa Torres’ decision on August 7. The XRP community continues to have questions about whether the appeal will only cover the $125 million penalty or include Torres’ decision regarding last year’s programmatic sales. Fred Rispoli said:
“The SEC will probably appeal everything. “The notice of appeal relates not only to the penalty decision but to the entire summary judgment.”
Will the SEC Lose?
Rispoli presented a scenario in which the second circuit court could reverse Torres’ rulings in favor of the SEC. He mentioned that Ripple’s legal chief, Stuart Alderoty, is considering a cross-appeal.
The legal expert called Ripple’s failure to cross-appeal “stupid.” He mentioned that such an application would increase Ripple’s 70% chance of winning on appeal and that the court would approve all decisions instead of a different opinion, if any.
Rispoli predicts the trial could last until at least January 2026. This is consistent with the time required for both parties to complete their file processes. The SEC is expected to issue its opening statement in December this year, while Ripple expects its response statement to arrive in March.
Rispoli stated that, given the course of the case, the crypto firm should move forward at the legislative level. However, the decision made by Torres that XRP is not a security will remain valid until regulatory clarity is provided or an appeal is decided.
Ripple’s ongoing battle with the SEC has a significant place in the crypto market, and the results of the case could have wide-ranging effects.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
