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\n<\/p>\n
Terrett added:<\/p>\n
\n\u201cLooking further into Keener, it looks the SEC recently sued him for being an unregistered penny stock dealer for which a court has ordered him to pay over $10M.\u201d<\/p>\n<\/blockquote>\n
In the court filing<\/a> addressed to Judge Analisa Torres, Keener claimed to hold proprietary information that could resolve key questions in the case, asserting it would be of significant value to Ripple, the crypto industry, and even Congress. He cited his expertise in securities law, including the Howey test and investment contracts, while referencing a curated collection of investment agreements.<\/p>\n
Despite the intrigue surrounding Keener\u2019s claims, the filing is unlikely to influence the SEC\u2019s appeal strategy and alter the direction of the case.<\/p>\n
XRP Futures Filing Overshadowed by SEC Silence on Appeal Strategy<\/h2>\n
The April 2 court filing came ahead of the SEC\u2019s Closed Meeting scheduled for April 3. Investors hoped for an SEC vote to withdraw the appeal against the Programmatic Sales of XRP<\/a> ruling<\/a>. However, the SEC\u2019s continued silence capped XRP\u2019s April 3 gains.<\/p>\n
Separately, Coinbase (COIN<\/a>) Derivatives announced<\/a> a filing with the CFTC to self-certify XRP futures:<\/p>\n<\/div>\n
[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"
[ad_1] Terrett added: \u201cLooking further into Keener, it looks the SEC recently sued him for being an unregistered penny stock dealer for which a court has ordered him to pay over $10M.\u201d In the court filing addressed to Judge Analisa Torres, Keener claimed to hold proprietary information that could resolve key questions in the case, asserting it would be of significant value to Ripple, the crypto industry, and even Congress. He cited his expertise in securities law, including the Howey test and investment contracts, while referencing a curated collection of investment agreements. Despite the intrigue surrounding Keener\u2019s claims, the filing is unlikely to influence the SEC\u2019s appeal strategy and alter the direction of the case. XRP Futures Filing Overshadowed by SEC Silence on Appeal Strategy The April 2 court filing came ahead of the SEC\u2019s Closed Meeting scheduled for April 3. Investors hoped for an SEC vote to withdraw the appeal against the Programmatic Sales of XRP ruling. However, the SEC\u2019s continued silence capped XRP\u2019s April 3 gains. Separately, Coinbase (COIN) Derivatives announced a filing with the CFTC to self-certify XRP futures: [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":41592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-41591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t