Ripple's loss is possible result, $XRP holders' lawyer says ripplesec ripplexrp xrp xrparmy xrpcommunity ripple xrpsec sec
loses, they can appeal, move the case to the Supreme Court and maintain the status quo. Ripple will be able to provide money transfer services and sell XRP while the case is pending, the lawyer explains.
However, XRP holders, XRPL developers and other other categories of user are not in the same boat and, for them, a Ripple loss could be the final nail in the coffin. From Deaton's point of view, the key is to clarify the secondary sales status of, even if Ripple loses, and this clarification will be given in the form of dicta. This is the legal term for a remark made by a judge, which has little legal force but can still be used as a strong argument in future proceedings.
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