Oh the drama! The XRP crowd’s crossing fingers, hoping the former POTUS’s gang would wave a magic wand by spring. But whoa there, partner! Rumors of the lawsuit vanishing from the SEC’s site got the crypto Wild West all abuzz. But hold your horses! An expert’s thrown cold water on those wild dreams with some fancy facts. ๐คทโโ๏ธ
SEC Didn’t Play Hide and Seek with Ripple Lawsuit
Sherrie, the XRP community’s favorite sage, shut down the gossip mills. She’s the one who spilled the beans that Ripple Labs isn’t in the courtroom just yet. The case is like a ghost haunting the Award Claims page of the SEC. ๐ป
And guess what? It’s haunting the Court of Appeals website too, thanks to a shiny new case number. The district court showdown ended with Judge Analisa Torres making Ripple cough up $125 million. Just a tiny fraction of the $2 billion the SEC was dreaming of! ๐ธ
The SEC didnโt play musical chairs with it. The case is done and dusted, chilling under Award Claims. Appeals party? New number, new website!
โ Sherrie (@CherryEmpress21) January 30, 2025
XRP Lawsuit: The Never-Ending Story? ๐
Paul Atkins might just snag the SEC Chairman throne by April. But Sherrie’s throwing shade, saying the lawsuit’s not going anywhere with an Acting Chair at the helm.
Big cases need the big cheese. Atkins might get the Senate’s nod around April.
And there’s more! Ripple’s got to file some fancy papers by April 16 for a reason. Attorney Jeremy Hogan’s crystal ball is showing April or May for the SEC to maybe, possibly, call it quits. ๏ฟฝystal๐ฎ
The US Senate’s webpage says Paul Atkins is sticking around until 2031. Talk about a long-term commitment! ๐คฒ
If Ripple and SEC Make Up…
If they all decide to hug it out and drop their appeals, a little note goes to the Court of Appeals for the Second Circuit. Sherrie says it’s usually a “one-page wonder with some autographs.” ๐๏ธ
She’s also spilling the beans that the SEC’s got to have a vote with Chairman Atkins, then give Ripple’s lawyers a ring. If they all sing “Kumbaya,” an electronic note zips off to the court. ๐
Sherrie’s bet is on the lawsuit wrapping up between April and June. Maybe Atkins will decide the appeal party’s over. ๐๐ซ
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2025-01-30 14:07