The SEC vs. Ripple plot thickens as the former SEC lawyer said that he believes Ripple will win the lawsuit. In a recent podcast interview with crypto analyst Tony Edward, former SEC lawyer Joseph Hall remarked that the SEC shouldn’t have brought up the case in the first place.
According to Hall, Ripple stands a good chance of winning the lawsuit as it has an excellent defense: the SEC did not notify Ripple of the investigation. By law, it is required for SEC to inform organizations when it investigates any case. Therefore, Hall believes that this point is good enough to break the case.
Joseph Hall said:
Source: Cryptocurrency - investing.com