Oh, darling, the XRP lawsuit is back at it again, and let me tell you, it’s like a soap opera that just won’t quit! 🎭 A mysterious filing by our favorite drama queen, Justin W. Keener, has popped up like a bad penny with an emergency motion. Can you believe it? 🙄
Decisive Evidence Change The Outcome?
So, Keener claims he’s got “decisive evidence” that could flip the Ripple vs. SEC case on its head. Experts like Bill Morgan and Marc Fagel are clutching their pearls over this unexpected twist. I mean, who doesn’t love a good plot twist? 🍿
I was expecting some filing in the SEC v Ripple case given what happened to the last motion that was dismissed two weeks ago, especially given that the 60 day period which the parties have before the SEC is required to file a status report with the court of appeals expires on 16…
— bill morgan (@Belisarius2020) May 29, 2025
“XRP Case Never Fails to Surprise”
Bill Morgan, bless his heart, thought we’d see some filing, especially with the June 16 deadline looming like a dark cloud. But did he expect a lengthy, emotional rant against the Howey Test? Nope! He’s just here for the drama, folks! 🎤
“This case never fails to entertain or end,” he quipped, proving that this lawsuit is the gift that keeps on giving. 🎁
And let’s not forget Marc Fagel, who pointed out that this is the second time Keener has tried to crash the party. The SEC even raised an eyebrow at why the court hasn’t kicked him out yet. I mean, come on, it’s like letting a toddler run wild in a candy store! 🍬
Keener’s first attempt to submit his “decisive evidence” was shut down faster than a bad date, but here he is again, trying his luck. Oh, and did I mention he was recently fined $10 million for trading penny stocks without a license? Talk about a plot twist! 💸
Will This Impact The Lawsuit?
The XRP community is watching this circus closely, hoping for some real impact. Most are betting the court will reject it again, but how the judge and SEC respond this time will be the real cliffhanger. 🎢
In a recent letter to the SEC, Ripple argued that fungible crypto assets like XRP aren’t securities in secondary sales. They even brought in legal expert Lewis Cohen and a 2023 court ruling to back them up. It’s like they’re saying, “Hey SEC, get your act together!” 💪
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2025-05-30 13:23