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A minimum of $250,000, according to the XRP lawyer John E. Deaton, would be needed to pay numerous paralegals, associates, and partners who analyse the materials presented for the SEC-Ripple case's summary judgement.
On May 20, Deaton posted a Twitter thread asking his followers for their thoughts on the anticipated Ripple bill amount:
The attorney acknowledged differing viewpoints and ideas in the crypto world in a previous tweet, saying that "at the end of the day, we [they] are all speculating". Given the diversity of viewpoints in the community, Deaton has given cryptocurrency aficionados a platform to share their opinions on the summary judgement. The amount of "documents submitted with the summary judgement" was a crucial issue that he brought up.
Deaton tweeted that numerous legal partners and helpers would be chosen to examine the supplied documents and make sure they adhere to Judge Analisa Torres' ruling. He emphasised that the Securities and Exchange Commission's (SEC) submission will be examined by the same team.
The XRP supporter expressed his concerns about the settlement talks' delay in a tweet on his Twitter profile on May 19. This post drew a lot of responses. Tweet stated:
A lot of comments about whether this delay is for settlement discussions. If the Hinman emails were going to lead to a settlement it would’ve been before they turned them over to Ripple. IMO, the SEC has accepted that the Hinman emails are eventually going to be made public.
Deaton's most recent tweet, which came after the one that was previously stated, expressed his gratitude for his followers' engaged engagement in discussing and further conjecture. His most recent tweet likewise drew a variety of responses, some of which were in perfect agreement with him and others of which hinted at the prospect of a higher sum.
