Ripple may be poised to win over the SEC in its lawsuit, according to Jeremy Hogan. The victory, if real, will turn the tides of the crypto industry.On the 5th of November, renowned cryptocurrency attorney Jeremy Hogan weighed in on the outcome of the lawsuit between the United States Securities and Exchange Commission vs.I was in a small argument with my wife last night, which means, I am thinking about "damages" this morning.
Hogan also highlighted a recent ruling in the 2nd District Court of Appeals, which stated that disgorgement must be “awarded for victims.” In this context, “victims” are individuals or entities who suffered financial losses due to an investment. Another critical element to consider is the SEC’s requirement to prove a nexus between the purchasers of XRP and the United States.