The CEO of the nonprofit organization Better Markets believes that the likelihood of the SEC winning the appeal case against Ripple is 90%

ChainCatcher news, according to News.bitcoin, Dennis Kelleher, president and CEO of the nonprofit organization Better Markets, which is dedicated to creating a safer financial system for Americans, stated that the likelihood of the U.S. Securities and Exchange Commission (SEC) winning the lawsuit against Ripple regarding XRP is 90%. He criticized the court's ruling as flawed, arguing that the judge in the Ripple case incorrectly applied the law.

In previous news, Ripple's legal chief anticipated that the SEC would appeal, although the probability of overturning the lower court's decision is less than 10%.