The Ripple Labs vs. SEC legal battle is reaching its boiling point, with the SEC slowly running out of weapons. Its now not a matter of “if” Ripple will be victorious…but “when”. Today I take a look at the latest happenings in this historic lawsuit, and why XRP’s future can only get brighter.
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0:00 Intro
0:55 The Final Round
1:42 Deaton Tags In
3:01 SEC is Out of Options
4:44 Billionaire Support
5:04 Knife to Gun Fight
6:27 Fear the XRP Army
7:22 Ripple Partners
Links:
https://financefeeds.com/ripple-and-xrp-holders-fail-to-convince-judge-sec-granted-two-month-extension/
https://www.crypto-law.us/wp-content/uploads/2021/10/10182021-Rip-opposition-to-SEC-request-for-extension-of-discovery.pdf
https://www.crypto-law.us/wp-content/uploads/2021/10/Deaton-Req-to-J-Torres-Extension-10192021-Copy.pdf
https://financefeeds.com/ripple-and-xrp-holders-fail-to-convince-judge-sec-granted-two-month-extension/
Well, that is "no bueno."
Judge argues that the additional time will not affect the schedule to resolve the case but I don't see how that is possible; it HAS to affect the schedule for briefing summary judgment.
Case summary judgment resolution now not until March-May 2022. https://t.co/GGWVHluuPK
— Jeremy Hogan (@attorneyjeremy1) October 20, 2021
https://financefeeds.com/ripple-scores-major-win-judge-orders-sec-to-explain-a-lot/
UH-OH. The SEC is going to be forced to admit that there is nothing in an of these contracts that created an expectation of profits by purchasers of XRP. That's a big problem for the SEC.
And also, most of Ripple's Requests for Admissions were stricken – but we expected that. 🙂 https://t.co/uTnVM6p68L pic.twitter.com/egFhp1kwle
— Jeremy Hogan (@attorneyjeremy1) October 22, 2021
The Ripple case seems to be going better than expected. Meanwhile the SEC is realizing that attacking crypto is politically unpopular (because it harms consumers). https://t.co/ePLnbqNLwU
— Brian Armstrong (@brian_armstrong) October 26, 2021
https://www.forbes.com/sites/roslynlayton/2021/08/30/the-crypto-uprising-the-sec-didnt-see-coming/?sh=771c8e36143e
Robert Jackson, Commissioner of the SEC 6/25/19. "Hinman..he gave a speech where he laid out here's how WE think about this…I think WE'VE , Hinman's speech and the Chairman's work in this has moved the market forward a great deal". IT WAS NOT HINMAN"S OPINION!! BOOM! RETWEET pic.twitter.com/mu6Z9wzhjH
— Digital Asset Investor Researcher/Wild Speculator (@digitalassetbuy) August 24, 2021
https://www.youtube.com/channel/UCtQycmSrKdJ0zE0bWumO4vA/videos
We’re thrilled to share that we’re partnering with @Pyypl to bring #ODL to the Middle East for the first time! https://t.co/I96xdXv6fw
— Ripple (@Ripple) October 26, 2021
🇬🇧We're excited to be a founding member of @DigitalPoundFDN to support the design and implementation of a digital￡, with @SS_Friedman, our Head of Policy, joining the board.💷 https://t.co/jPtV2apFls
— Ripple (@Ripple) October 14, 2021
https://www.thenationalnews.com/business/money/2021/10/26/ripple-and-pyypl-team-up-to-offer-low-cost-cross-border-payments-to-philippines/
https://www.fxstreet.com/cryptocurrencies/news/warrant-buffet-backs-ripplenets-nubank-while-sec-vs-ripple-case-drags-on-202110260659
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