Ripple XRP - Not Until 2023 - Stay Calm and Stack Your Bags
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#XRPCommunity #SECGov v. #Ripple #XRP Parties file joint scheduling letter proposing opening briefs for summary judgment and expert challenges in August and closing briefs a few days before Christmas. pic.twitter.com/DBVkl3LQXU
โ James K. Filan ๐บ๐ธ๐ฎ๐ช90k+ (beware of imposters) (@FilanLaw) April 22, 2022
To all that have been following the case thus far โ thank you. Know that Ripple is pushing hard (and the Court is working hard) to resolve the case as soon as possible, despite the SEC time and again doing everything they can to delay. https://t.co/bP0shaNBOa
โ Stuart Alderoty (@s_alderoty) April 22, 2022
This schedule is the exact WORST case scenario that Attorney Filan posted the other day.
โ Jeremy Hogan (@attorneyjeremy1) April 22, 2022
The Ripple case is going into 2023.
I've NEVER seen a Plaintiff want to delay a case this much. Only Defendants (normally) delay. Why bring a case and then postpone the justice you seek? /1 https://t.co/TUcJhME9oE
Regardless of anyoneโs opinion on Judge Netburn or her recent rulings, she gave us two absolute gems ๐ that will appear in our amicus brief. ๐๐๐๐๐๐ pic.twitter.com/v2FyiFLWeg
โ John E Deaton (@JohnEDeaton1) April 19, 2022
When the Judge told the SEC lawyer that, based on his argument, every person who buys XRP is breaking the law, my jaw almost hit the floor. That was the best part of this case for me. Glad that it's making it into your brief!
โ Jeremy Hogan (@attorneyjeremy1) April 19, 2022
Jay asks the billion dollar question. The June 13, 2018 XRP Memo did not recommend enforcement. That means 1 of 3 things: 1) SEC lawyers concluded it was similar to #ETH - a security early on, but not today; 2) they canโt satisfy the Howey test; or, 3) itโs inconclusive. https://t.co/nxSeCR8T8P
โ John E Deaton (@JohnEDeaton1) April 22, 2022
7) This report is the 2019 Annual Report from US department of the Treasury. Which Calls XRP a digital asset (typical unit of a currency or commodity) nothing is mentioned about being a security. Look who signed it? https://t.co/OnFgWnzLDf pic.twitter.com/Ii8crfylRV
โ Crypto_Dash (@Crypto_DashODL) October 18, 2021
Its not difficult to read between the lines here. We know from the SECโs recent letter, @Ripple was asking for mid-May for initial briefs. Most likely, the SEC informed Ripple if they didnโt agree to August, the SEC would ask the judge for December and Ripple went w/ certainty. https://t.co/K5CYQSJyF4
โ John E Deaton (@JohnEDeaton1) April 22, 2022
Ready to go out. pic.twitter.com/MkFJoKKyX6
โ ๐ณ๐๐๐๐ ๐๐๐๐ ๐๐๐๐ฃ (@JoelKatz) April 23, 2022