Ripple XRP Ruling Under Fire: Better Markets CEO Foresees SEC Victory

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Speculation about the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) intensified when Dennis Kelleher, CEO of Better Markets, claimed that the SEC has a 90% chance of winning its appeal against Ripple.

Kelleher, in comments shared on X, criticized District Judge Analisa Torres’s recent ruling, describing it as a misinterpretation of the law.

Better Markets CEO Kelleher Criticizes Judge’s Ruling in the Ripple Case

Kelleher argued that Judge Torres’s ruling misinterpreted “90 years of law upside down,” particularly in her view that sophisticated investors should receive more protection under securities laws than less experienced ones.

He pointed out that other judges have disagreed with this approach, which is why he believes the SEC has a strong chance of winning on appeal. Kelleher’s criticism underscores a split in judicial opinions, with him suggesting that Torres’s ruling may leave retail investors at risk.Read More-https://voiceofentrepreneur.life/