Ripple Vs SEC Lawsuit: Experts debate if Judge Torres will issue a ruling in August or September

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Legal experts and the XRP community have been discussing when the court will announce its summary judgment in the Ripple lawsuit. The briefings for summary judgment were completed in December 2022, and now, after over six months, the XRP community is eagerly waiting for a favorable ruling in the case.

Attorney Fred Rispoli expressed his realization about some statistics related to Judge Torres, which shed light on the lingering question surrounding when the summary judgment may be made. He pointed out that The MSJ grant rate for defendants stands at 37% and the plaintiffs, on the other hand, have a 24% MSJ grant rate. He added that the median duration for MSJ decisions, from filing to order, is 249 days.

Additionally, Fred mentioned an interesting point made by someone else: approximately 60% of rulings fall within the range of 146 to 330 days. Applying this information, he calculated the following dates.

…60% of rulings between 146 and 330 days. Which comes out to:

249 days from September 17, 2022: May 21, 2023 (nope!)

330 days from September 17, 2022: August 10, 2023 (?)

Although it's frustrating, I may be getting the best birthday present of my entire life.

— Fred Rispoli (@freddyriz) June 30, 2023

May 21, 2023, which is 249 days from September 17, 2022, and August 10, 2023, marking 330 days from September 17, 2022, which may have a potential. Despite the frustration associated with waiting, Fred contemplates the possibility of receiving the most extraordinary birthday present of his entire life.

Attorney John Deaton, the founder of CryptoLaw, has also shared his speculation regarding the ongoing legal dispute between the SEC and Ripple. During a recent CryptoLaw broadcast, Deaton discussed the potential actions Ripple might take if Judge Analisa Torres grants summary judgment in favor of the SEC.

Deaton believes that Judge Torres is aware of Ripple’s intention to appeal an unfavorable ruling, suggesting that the case could eventually reach the US Supreme Court. His analysis suggests that if summary judgment is granted in the SEC’s favor, it could significantly impact the direction of the legal proceedings.

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