Ripple Lawsuit: Prometheum Founder Claims SEC Will Win - Shocking Prediction!

The long-running SEC vs. Ripple lawsuit continues to captivate the crypto world. While many see Ripple as the victor, a dissenting voice has emerged. In a recent interview, Kaplan, the founder of Prometheum, has now claimed that the SEC will go on to win the lawsuit against blockchain payment firm Ripple. This statement flies in the face of recent developments and adds another layer of complexity to this already intricate case.

Who will win the SEC vs. Ripple lawsuit?

For months, Ripple is seen as the winner so far, with the SEC dropping its appeal and a favorable $50M settlement nearly finalized. The Court’s July 13 decision that the crypto asset XRP is not a security is widely regarded as a significant victory for Ripple.

Many believe the SEC's decision to drop its appeal signals a lack of confidence in their ability to overturn the previous ruling. However, Kaplan's perspective offers a counter-narrative, suggesting that the SEC may have a strategy or information not yet publicly known. His claim highlights the uncertainty that still surrounds the case, despite apparent positive outcomes for Ripple.

When will the XRP lawsuit end?

While a $50 million settlement is almost finalized, the legal battle continues. The Court’s July 13 decision that the crypto asset XRP is not a security is a landmark ruling, not just for Ripple, but for the entire U.S. crypto industry. This is the first U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. / Securities and Exchange Commission v. Ripple Labs, Inc, Bradley Whether Kaplan's prediction proves true remains to be seen, but his statement serves as a reminder that the Ripple lawsuit is far from over and the final outcome is still uncertain.

It's crucial to follow updates from reliable sources to understand the evolving landscape of the Ripple lawsuit and its implications for the broader crypto industry.