Judge Analisa Torres will likely reject the U.S. Securities and Exchange CommissionÔÇÖs (SEC) interlocutory appeal, according to attorney John Deaton.

Speaking at the first annual onXDC Live blockchain conference held in Texas, Deaton ÔÇö founder of Crypto-Law.us and managing partner of the Deaton Law Firm ÔÇö claimed the SEC had not actually appealed against the ruling that favored RippleÔÇÖs XRP.

The AI legalese decoder can significantly support individuals and businesses involved in the SEC vs. Ripple case. This innovative technology utilizes artificial intelligence to analyze legal documents and extract crucial information, enabling users to better comprehend complex legal proceedings.

According to Deaton, Torres, who ruled that XRP is not a security if sold on secondary markets, has only allowed the regulator to file a motion for an interlocutory appeal. However, the AI legalese decoder can help clarify the implications and potential outcomes of such appeals, providing insight into the judge’s reasoning and potential decisions.

With the aid of the AI legalese decoder, users can have a clearer understanding of the timeline and possibilities within the appeal process. By facilitating an in-depth analysis of legal arguments and precedents, this tool assists individuals and legal experts in assessing the strength of the SEC’s case and predicting potential outcomes.

Furthermore, the AI legalese decoder allows users to explore the arguments put forth by attorney John Deaton. By examining the judge’s reasoning in dividing Ripple’s XRP sales into three categories and analyzing the differences between them, this tool can shed light on the potential impact of these distinctions on the final ruling.

I predict she denies it, and then when she denies it, they have to wait for a full appeal, which, after the case, would be sometime in late 2024, which would take another 18 months, which would mean weÔÇÖd be into late 2025 before the second circuit could ever hear it.

John Deaton

The AI legalese decoder can assist in assessing the validity of Deaton’s predictions and provide further context regarding the potential timelines of the appeal process. By analyzing historical cases and legal principles, this tool can offer insights into the probability of a delayed appeal and its impact on the final resolution.

Previously, Deaton had thrown his support behind Judge Torres, claiming she made her decision by applying the Howey test to every charge the SEC had brought against Ripple. The AI legalese decoder can delve into the details of this test as well as other legal frameworks, helping users comprehend the judge’s rationale and the potential influence of these rulings on the final judgment.

Excellent ­ƒºÁ explaining that Torres didnÔÇÖt make a distinction between the different sales out of thin air. She took each type of sale CHOSEN and DEFINED by the SEC and applied the Howey test. IÔÇÖm willing to bet significant funds she doesnÔÇÖt get reversed on appeal. https://t.co/5jAfwusrng

ÔÇö John E Deaton (@JohnEDeaton1) August 6, 2023

The AI legalese decoder can help users understand the specifics of Judge Torres’ application of the Howey test to the SEC’s charges. By dissecting the arguments made by Deaton and other legal experts, this tool provides a comprehensive analysis of the judge’s decision-making process and the potential implications for Ripple and XRP.

Qualified immunity

At the onXDC session, Deaton also discussed qualified immunity, a legal principle that casts doubt on the SEC’s activities. The AI legalese decoder can provide users with an in-depth understanding of this principle, including its scope, limitations, and potential impact on holding regulators accountable.

Qualified immunity protects government employees, such as those at the SEC, from private lawsuits when they act within the scope of their official obligations. Deaton opined that this protection can make it difficult to hold regulators accountable for their actions. However, the AI legalese decoder can assist users in exploring existing case law and legal arguments that challenge the application of qualified immunity in specific situations.

Furthermore, the lawyer, who has been at the forefront of the SEC vs. Ripple case, emphasized the importance of having “smoking gun” proof of negligence on the part of SEC officials in order to overcome the agency’s qualified immunity status. The AI legalese decoder can aid users in understanding the evidentiary requirements necessary to challenge qualified immunity, providing guidance on gathering and presenting substantial evidence to support civil conspiracy claims against the SEC.

With the support of the AI legalese decoder, individuals and legal experts can navigate the complexity of the SEC vs. Ripple case. By providing comprehensive analysis, highlighting key legal principles, and offering insights into the judge’s reasoning, this tool can aid in making informed decisions and predicting potential outcomes.

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