Ripple CEO Brad Garlinghouse recently shared a video celebrating what he called a victory in a long legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Ripple executives confirmed that the incident is over, but there is no official statement from the SEC, and many people in the XRP community are wondering what is really going on.
An unexpected submission appeared at the trial to add to the mystery. A man named Justin W. Keener sent an urgent request, claiming there was “conclusive evidence” to help ripple and support American freedom. But no one knows exactly what this evidence is. Keener says it has something to do with the investment contracts he collects.
🚨new: @secgov vs. @ripple docket, now strange submission – an urgent request to “prove definitive evidence in favor of the defendant and in favor of the freedom of the American people.”
A letter from a man named Justin W. Keener doesn’t make the so-called …pic.twitter.com/aqsdfiw6gi clear
– Eleanorterrett (@Eleanorterrett) April 3, 2025
When Fox Business’s Eleanor Terrett looked into Keener, she learned that the SEC recently sued him as an unregistered penny stock dealer. The court ordered him to pay more than $10 million for that.
Legal experts have not taken his application seriously. Former SEC attorney Marc Fagel said that it is essentially something like Spam passes through the court system and will likely be thrown away soon. He explained that Keener is not part of the case and has no right to submit evidence.
Some people asked if Judge Annalisa Torres might change her decision regarding Ripple’s liability. Fagel replied that this was impossible. “Judge Torres is not asked to “rescisse” her ruling on liability, and she will not do so,” he said. Instead, both sides attempt to adjust the remedy rather than the original decision.
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