One, hopefully, last thing!
Quote from zerpie on May 16, 2025, 1:37 amWell, another speed bump in the SEC vs. Ripple case, or curve ball, as lawyer John Deaton says.
John minces no words. The judge’s denial to proceed with the settlement could, worst case, be political. Most likely, however, she had enough of the dirty games played by the SEC and wants them to confess how they attempted to abuse the law against Ripple.
Who knows, maybe Ripple doesn’t even have to pay the 50 million dollar fine in the end.
https://twitter.com/CryptoLawUS/status/1923181712248340892?ref_src=twsrc%5Etfw
Well, another speed bump in the SEC vs. Ripple case, or curve ball, as lawyer John Deaton says.
John minces no words. The judge’s denial to proceed with the settlement could, worst case, be political. Most likely, however, she had enough of the dirty games played by the SEC and wants them to confess how they attempted to abuse the law against Ripple.
Who knows, maybe Ripple doesn’t even have to pay the 50 million dollar fine in the end.
Ripple Case Update: Judge Torres Denies the SEC/Ripple Motion on Settlement https://t.co/WoGlVTcgTV
— CryptoLaw (@CryptoLawUS) May 16, 2025
Quote from zerpie on May 16, 2025, 1:44 amRipple CLO Stuart Alderoty on the “procedural concerns”:
https://twitter.com/s_alderoty/status/1923087253036757209?ref_src=twsrc%5Etfw
Ripple CLO Stuart Alderoty on the “procedural concerns”:
Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together. https://t.co/vBQdBD3FNe
— Stuart Alderoty (@s_alderoty) May 15, 2025