- Justin Keener submits emergency filing claiming decisive evidence for Ripple.
- SEC’s closed-door meeting raises speculation on appeal withdrawal.
- XRP price rebounds to $2.05 amid legal and institutional developments.
The SEC vs. Ripple case took a fresh turn with a surprise emergency filing by Justin W. Keener, a former penny stock dealer previously fined over $10 million by the SEC.
At the same time, Coinbase is pushing forward with institutional adoption of XRP by filing with the CFTC to self-certify XRP futures, set to launch on April 21.
XRP Price Climbs as Ripple Case Sees Unprecedented Legal Twist
Ripple’s long-running legal battle with the SEC witnessed a surprising disruption with Justin Keener’s emergency filing, submitted to Judge Analisa Torres. Keener, previously sued by the SEC, now seeks to support Ripple by offering undisclosed documents he claims are essential to the case’s resolution.
Legal analysts have noted that Keener’s involvement introduces potential complications, given his controversial background. While his evidence remains unverified, the suggestion that it could influence Congressional understanding of crypto regulation adds a provocative twist to the case narrative.
Meanwhile, the SEC’s closed-door meeting on April 3 has stirred speculation that a major decision—possibly regarding its appeal of the Programmatic Sales ruling—may be underway. The Commission has remained tight-lipped, leaving legal observers and crypto investors in a state of suspense.
On the market side, XRP’s modest rise to $2.05 reflects cautious optimism. Despite recent volatility, the announcement of Coinbase’s XRP futures plan could act as a catalyst for more mainstream crypto engagement, especially if regulatory uncertainties begin to clear.
As XRP edges upward and legal dynamics shift, the coming weeks could prove pivotal—not just for Ripple, but for the broader crypto industry navigating an evolving regulatory climate.
“In any moment of decision, the best thing you can do is the right thing.” – Theodore Roosevelt
→ This quote captures the essence of Ripple’
