Ripple $2.21 The XRP case, which has been going on for years between the US Securities and the Stock Exchange Commission (SEC), has resumed the first place of the agenda with an unexpected petition added to the file on 28 May. Entrepreneur Justin W. Keener, who is not a party to the case but declared that it was “interest” as a result of the process, reported that he wanted to present “decisive evidence ına to the court records. The claim that these evidence, which has yet to be in confidentiality, could be in favor of Ripple, created curiosity and controversy in the crypto currency ecosystem. How the court responds to the petition may directly affect the case calendar and possible decision dates.
Mysterious application is added to the case file again
Keener’s application is the new version of a request that has been withdrawn in previous years. According to the official records, the business person asks permission to submit documents to the court that the XRP is not securities ”. In the petition, which evidence or reports would be shared in the petition; Only the phrase “Materials that have not yet been evaluated” were included. The fact that the details remained closed led to rumors among investors. Some analysts, Keener’s previous initiatives in the US financial markets, reminded the previous initiatives, suggesting that possible documents can shed light on the long -term classification problem in the sector.
While the Ripple front did not make any verification to the public, the lawyers of the company conveyed a secret opinion petition to the court. The SEC is cautious about the allegations that it defines as “uncertain and unfounded”. The regulatory institution had previously rejected many demands who wanted to participate in the case from outside. If the Keener file is accepted, the discovery phase may be reopened; This can throw the calendar weeks, even months forward. This possibility reshapes the short -term price expectations of XRP investors, especially.
Potential Effects and Expert Comments of the Application
Lawyer Bill Morgan, who frequently expresses opinions in the XRP community, argues that the court’s way of evaluating the application may “precedent”. According to him, the evidence that Keener will put forward can affect not only the Ripple-SEC case, but also other crypto currency projects that will be the subject of similar status debates in the future. Morgan, “If the judge accepts the file, Ripple’s arguments gain strength, if it rejects SEC’in securities in the hands of the claim of value will be solid.”
Analysts of the market research company Cryptoquant, the uncertainty in the court process may increase volatility in XRP prices. In particular, every deviance in the case calendar has a risk of pushing corporate investors to the waiting position. The “decisive” data claimed by Keener may expand the legal framework of crypto money definition in the US; However, in order for this to happen, the court must first accept the presentation. If an admission decision is issued, the parties’ additional expert reports and cross queries will completely renew defense strategies.
Finally, it is said that new developments may occur on the regulatory front. The possibility of updating the internal audit process with the potential evidence to be submitted to the court came to the agenda. Legal experts, if the agency reflects such a revision to the crypto currency market as a “harmony signal”, the risk premium of regulation may decrease throughout the sector.
The questions in the case are unanswered for now: Will Keener really offer “game -changer” documents, or will the court be eliminated in the preliminary examination? The answers will be critical for the future of crypto currency regulations as well as the Ripple-SEC war.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
