{"id":21445,"date":"2025-04-10T08:02:31","date_gmt":"2025-04-10T08:02:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21445"},"modified":"2025-04-10T08:02:31","modified_gmt":"2025-04-10T08:02:31","slug":"important-ripple-v-sec-lawsuit-update-coming-on-april-16","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21445","title":{"rendered":"Important Ripple v. SEC Lawsuit Update Coming on April 16?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The XRP army is awaiting developments on April 16, when Ripple\u2019s appellate brief is due.<\/span><\/li>\n<li>Legal expert Fred Rispoli suggests there\u2019s a 90% chance of a settlement or withdrawal notice.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-391691\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/RippleSEC_CB-6-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>The Official End is Near?<\/h2>\n<p><span data-preserver-spaces=\"true\">The Ripple community celebrated the supposed end of the lengthy lawsuit against the US Securities and Exchange Commission (SEC) last month when CEO Brad Garlinghouse <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/breaking-ripple-news-sec-will-drop-appeal-xrp-price-reacts\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">said<\/span><\/a><span data-preserver-spaces=\"true\"> the agency had dropped its appeal against the company.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the regulator has remained silent on the matter, raising the question of whether the case has <\/span><span data-preserver-spaces=\"true\">truly<\/span><span data-preserver-spaces=\"true\"> reached its conclusion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The<\/span><span data-preserver-spaces=\"true\"> US attorney Fred Rispoli <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/freddyriz\/status\/1910055164737974431?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1910055164737974431%7Ctwgr%5E5134da8379c4865fcba1c34dd71aef28b636be04%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoinpedia.org%2Fnews%2Fripple-vs-sec-pro-xrp-lawyer-says-sec-may-officially-drop-appeal-before-april-16%2F\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">expects<\/span><\/a><span data-preserver-spaces=\"true\"> to see something <\/span><span data-preserver-spaces=\"true\">happening<\/span><span data-preserver-spaces=\"true\"> on that front on April 16 or before. <\/span><span data-preserver-spaces=\"true\">The<\/span><span data-preserver-spaces=\"true\"> date marks Ripple\u2019s scheduled appellate brief.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The legal expert believes there is a minor 10% possibility that the firm files the document, while the chance of a notice of settlement\/withdrawal <\/span><span data-preserver-spaces=\"true\">is set<\/span><span data-preserver-spaces=\"true\"> at 90%.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Rispoli also claimed that Ripple <\/span><span data-preserver-spaces=\"true\">made the announcement about<\/span><span data-preserver-spaces=\"true\"> the dropped appeal without written assurances from the SEC.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cNothing official has <\/span><span data-preserver-spaces=\"true\">been done<\/span><span data-preserver-spaces=\"true\"> yet to effectuate the public announcement,\u201d he added.<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">The Latest Confrontation<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">A filing from Justin W. Keener became the recent bone of contention between Ripple and the SEC. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The court document was <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-xrp-news-april-4th\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">submitted<\/span><\/a><span data-preserver-spaces=\"true\"> at the start of April and represents \u201can emergency request\u201d to Judge Analisa Torres to \u201cpresent decisive evidence in favor of the defendants and\u00a0<\/span><span data-preserver-spaces=\"true\">in<\/span><span data-preserver-spaces=\"true\"> favor of liberty for the American people.\u201d<\/span><\/p>\n<p>It remains unclear how the information aids Ripple, but it hints at ties to investment contracts Keener has collected. Meanwhile, the agency recently sued him for acting as an unregistered penny stock dealer, leading to a $10 million penalty.<\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this week, the Commission <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/is-the-ripple-vs-sec-lawsuit-really-over-they-just-clashed-again\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">opposed<\/span><\/a><span data-preserver-spaces=\"true\"> the \u201cemergency request\u201d for three important reasons. It claimed that the District Court had no jurisdiction over the filing since the case had already been transferred to the Second Circuit and argued that Keener failed to file the correct motion to intervene. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Furthermore, the SEC labeled the request \u201cunnecessary,\u201d asserting that Ripple is capable of deciding for itself whether the evidence could benefit its case.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/important-ripple-v-sec-lawsuit-update-coming-on-april-16\/\" rel=\"nofollow\">Important Ripple v. SEC Lawsuit Update Coming on April 16?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The XRP army is awaiting developments on April 16, when Ripple\u2019s appellate brief is due. Legal expert Fred Rispoli suggests there\u2019s a 90% chance of a settlement or withdrawal notice. The Official End is Near? The Ripple community celebrated the supposed end of the lengthy lawsuit against the US Securities and Exchange Commission (SEC) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21445","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21445"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21445\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}