Pro-XRP lawyer Jeremy Hogan believes Judge Torres may follow LBRY’s final ruling and not address XRP secondary market transactions. The final ruling of the SEC v. LBRY’s lawsuit has continued to stir reactions from pro-XRP lawyers. As reported by Crypto Basic, US District Judge Paul Barbadoro issued the final ruling of SEC v. LBRY. However, the […] The post Top Lawyer Says Judge Torres May Not Address XRP Security Status In Final Ruling first appeared on The Crypto Basic.

Top Lawyer Says Judge Torres May Not Address XRP Security Status In Final Ruling

Pro-XRP lawyer Jeremy Hogan believes Judge Torres may follow LBRY’s final ruling and not address XRP secondary market transactions.

ruling reported by Crypto Basic, US District Judge Paul Barbadoro issued the final ruling of SEC v. LBRY.

However, the judge refused to clarify LBRY Credit’s (LBC) secondary market sales because the party did not litigate the issue.

Judge Torres May Not Comment on XRP Security Status

Following Judge Barbadoro’s refusal to comment on whether LBC is security, prominent lawyer Jeremy Hogan stressed the likelihood of the XRP community getting a similar ruling in the ongoing SEC v. Ripple case.

According to attorney Hogan, Judge Analisa Torres, the presiding judge of the SEC v. Ripple’s lawsuit, may choose not to comment on XRP secondary market transactions.

“Is a similar result possible in the Ripple case? Yes. Possible.

But, the Court would have to find that there is not enough to the Fair Notice Defense to have a trial on the issue,” Attorney Hogan added.

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