In a surprising twist to the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), cryptocurrency journalist Eleanor Terrett has reported on a new petition that could influence the case.
The document, marked as “urgent,” calls for the submission of what it describes as “decisive evidence” in Ripple’s favor, emphasizing its significance for “the freedom of the American people.”
The petition was filed by Justin W. Keener, a private individual with no formal connection to the case but who claims to hold information of great importance.
Keener asserts that he possesses confidential data that could expose a troubling situation allegedly affecting the public for the past decade. He describes acquiring this information as almost miraculous.
Despite the bold claims, the petition does not specify the nature of the evidence or its potential impact on Ripple’s defense.
Terrett also uncovered that Keener himself recently faced legal issues, having been sued by the SEC for operating as an unregistered stock dealer. The court’s ruling required him to pay over $10 million in penalties.
As global sanctions continue to isolate Russia from traditional financial networks, the country’s top financial bodies — the Central Bank and the Ministry of Finance — are preparing to launch a government-backed cryptocurrency exchange.
Following the April 14 exploit that disrupted operations, KiloEx has revealed a compensation plan for impacted users. The plan covers three core groups: traders, Hybrid Vault stakers, and VIP users.
Ripple Labs quietly emerged as one of the largest financial backers of Donald Trump’s presidential inauguration, contributing nearly $5 million just months before federal regulators began softening their stance toward the company.
Amid rising regulatory pressure and political uncertainty in South Korea’s crypto sector, Bithumb is restructuring its business in a strategic move ahead of a planned IPO.