9-4-2025 – A peculiar twist has emerged in the culmination of the landmark legal tussle betwixt Ripple and America’s financial watchdog, mere days after Chief Executive Brad Garlinghouse heralded its resolution.
The cryptocurrency sphere’s initial jubilation has been tempered by XRP’s unexpectedly modest market performance, whilst stakeholders eagerly await formal acknowledgement from the Securities and Exchange Commission (SEC).
In an extraordinary development, the case docket witnessed an unprecedented intervention from Justin W. Keener, who lodged an emergency petition citing possession of what he terms “decisive evidence”. His mysterious submission alludes to a collection of physical investment contracts, though the precise nature and significance of these documents remain shrouded in ambiguity.
The regulatory body has swiftly moved to quash Keener’s eleventh-hour interjection, as reported by Fox Business correspondent Eleanor Terrett. Their objection rests upon three primary pillars: the District Court’s apparent lack of jurisdiction following the case’s elevation to the Second Circuit, procedural shortcomings in Keener’s intervention attempt, and the redundancy of his proposition given Ripple’s autonomy in evidence evaluation.
The SEC has petitioned Judge Analisa Torres to summarily dismiss the impromptu filing, maintaining that the proceedings have reached their natural conclusion and Keener’s submission lacks proper legal foundation.
🚨NEW: An odd filing just now in the @SECGov vs. @Ripple docket — an emergency request to “present decisive evidence in favor of the defendants and in favor of liberty for the American people.”
The letter, from a man named Justin W. Keener, doesn’t make clear what the so-called… pic.twitter.com/AQSDFIW6gi
— Eleanor Terrett (@EleanorTerrett) April 3, 2025