The SEC has filed a new motion in the Ripple lawsuit and says the case is still on appeal
2025-04-09 06:49:14
The Securities Exchange Commission (SEC) has filed a new motion against an urgent request filed by non-party Justin W. Keener in the Ripple case to file "conclusive evidence" in favor of the defendant. The SEC believes that because the case has been moved to the Second Circuit and the district court has lost jurisdiction, Keener's request cannot be accepted. In addition, the SEC notes that Keener failed to comply with the proper legal provisions because he did not file a formal motion to intervene.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
