XRP Lawyer: The amount paid by Ripple will be far less than $770 million

According to ChainCatcher news reported by Cointelegraph, XRP lawyer John Deaton believes that the amount Ripple has to pay will be far less than $770 million.

John Deaton emphasized that the Supreme Court ruled that forfeiture is not punitive and cannot exceed the "net profits" from sales. Companies can deduct legitimate business expenses. The legal case against Ripple is not centered on fraud but constitutes a regulatory disagreement. It shifts the focus from punitive measures to regulatory compliance. Given that a large portion of XRP sales occurred outside the United States and involved accredited investors, the potential forfeiture amount will be significantly reduced.