Legal expert Fred Rispoli commented on the ongoing legal battle between Ripple and the SEC, highlighting Ripple's potential for success in court.

Ripple’s Probability of Defeating the SEC

During the Thinking Crypto podcast, Rispoli stated that if the judges in the second circuit appellate court are neutral, Ripple’s chances could be as high as 70 percent. He emphasized the critical importance of the three judges assigned to the case.

Could the SEC Lose?

Rispoli presented a scenario in which the second circuit court could reverse Torres’ decisions in favor of the SEC. He noted that Ripple’s Chief Legal Officer, Stuart Alderoty, is considering filing a cross-appeal.

Litigation Challenges and Timeline

Rispoli predicts that the litigation may last until at least January 2026. This estimate aligns with the time both parties need to complete their filing processes. The SEC is expected to file its statement in December, while Ripple’s response is anticipated in March.

The ongoing battle between Ripple and the SEC could significantly impact the crypto market and establish further legal precedents. Until a final ruling or regulatory clarity is provided, Judge Torres' decision that XRP is not a security remains applicable.