Cryptocurrency journalist Eleno Ateretto shares the prominent developments of the long-term case between Ripple and the U.S. Securities and Exchange Commission (SEC). According to Terrett, the petition filed with the word “urgent” in the case file requires the presentation of “conclusive evidence” in favour of the defendant’s ripples and “freedom of the American people.”
The petition in question belongs to a man named Justin W. Keener. Justin W. Keener claims he is interested in the outcome, not the party to the case. In the petition, Keener claims he has “miraculously” private data and information he owns, and can shed light on “nightmares that we have been “unknown to us” over the past decade.
However, the petition did not specifically state what this “conclusive evidence” was or how it would benefit Ripple. According to Terrett’s investigation, Keener was recently sued by the SEC for being an unregistered stock dealer (Penny Stock). The court ordered Keener to pay more than $10 million in fines.
*This is not investment advice.
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