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SEC Objects to ‘Urgent Motion for Dispositive Evidence’

SEC Objects to ‘Urgent Motion for Dispositive Evidence’

Bitget2025/04/08 19:56
XRP-0.13%

The SEC just filed an objection to an ‘Urgent Motion for Dispositive Evidence’ filed by Justin W. Keener on April 4, and the objection is in favour of Ripple. The SEC opposed the motion because they stated that: 1) the district court did not have jurisdiction over the request because the case had been moved to the Second Circuit; 2) Keener had not filed a proper motion to intervene; and 3) it was not necessary because, as SEC attorneys pointed out, Ripple was sufficiently competent to determine on its own the issues involved. "For these reasons, the SEC requests that Judge Torres deny the motion in its entirety.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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