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XRP Case Not Over Yet, Says SEC — Ripple Maintains It’s a Done Deal

  • The SEC opposes a nonparty's bid to submit evidence in the Ripple case due to lack of jurisdiction and procedural failure.
  • Ripple claims that the legal fight is over, but the SEC argues that it is still in the process of appeal.
  • The SEC rejects an emergency bid by nonparty Justin W. Keener to participate in the legal case, citing jurisdictional and procedural aspects.
  • Ripple continues its expansion by acquiring Hidden Road, a global prime brokerage firm, for $1.25 billion, making it the first crypto firm to own a multi-asset global prime broker.

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