Oh, the ceaseless dance of legalities and cryptic currencies! The saga between Ripple and the U.S. Securities and Exchange Commission (SEC) appeared to reach its grand finale in March, with Ripple gracefully bowing out of its cross-appeal. Yet, lo and behold, the plot thickens!
Only last week, a gentleman named Justin W. Keener, emerging like a phoenix from the ashes of legal monotony, filed an emergency request. His claim? To present “decisive evidence” in favor of Ripple, evidence so compelling it could stir the very souls of the crypto realm. 🌌 Keener, with a flair for the dramatic, insists that his data is of “the highest importance,” although the specifics remain shrouded in mystery.
The SEC, ever the party pooper, swiftly opposed this theatrical emergency request, deeming it “improper” since the case has migrated to the US Court of Appeals for the Second Circuit. Thus, the Southern District Court of New York finds itself in a jurisdictional pickle, unable to entertain such a request.
Moreover, Keener, it seems, has not formally applied to join the legal tango. The agency points out, quite reasonably, that he could simply hand over his purportedly earth-shattering evidence to Ripple directly. Ah, the simplicity of it all!
And yet, the grand ol’ U.S. of A has yet to officially declare the Ripple case extinct. 🐘
In a twist of irony, Republican SEC Commissioner Mark Uyeda, when pressed about XRP‘s legal status on CNBC, opted for the age-old strategy of silence. A silence so profound, it speaks volumes. 🤐
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2025-04-09 10:43