Pro-XRP lawyer predicts SEC victory chance in Ripple case is less than 3%.

John Deaton, a lawyer who supports Ripple’s case, has stated that the United States Securities and Exchange Commission has less than a 3% chance of winning against Ripple as the lawsuit nears its end. The SEC filed a lawsuit against Ripple in December 2020, alleging that the sale of its XRP token represented an unregistered securities offering. Deaton has been a vocal advocate for Ripple and gave his predictions for the outcome of the case. He believes that there is a 25% chance that presiding U.S. District Judge Torres will rule in favor of Ripple and a 50% chance that Ripple will win by way of a “splitting the baby” ruling. This refers to Judge Torres drawing a line in the sand, where she could potentially rule that XRP was offered as an unregistered security before 2018. Deaton also predicts that XRP itself will be deemed not a security and that secondary market sales show comment. He expects a final decision to be made before September 30, 2021, and believes that Ripple’s native XRP token could potentially reach a price between $2 and $10 following a positive ruling. Additionally, there are rumors that Ripple may potentially IPO as a public company following the conclusion of the lawsuit.

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