Ripple Lawsuit Could Drag On As Settlement Talks Stall, According to Attorney
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Lawyer John Deaton says there have been no serious settlement talks between Ripple and the SEC.
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Deaton expects legal proceedings to last at least a year, potentially longer.
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He suggests a settlement may only happen if Coinbase wins its motion to dismiss the SEC's case.
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Deaton connects the outcomes of the Ripple and Coinbase cases.
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Ripple faces high legal costs as it fights to reduce a potential $770M penalty.
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