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.