XRP lawsuit: US SEC files opposition in Ripple case

The U.S. SEC challenged Justin Keener’s request for decisive evidence, asserting that the court cannot address it as the matter is still under appeal in the Second Circuit. They emphasized Keener’s lack of legal standing in the lawsuit.

Legal expert Fred Rispoli mentioned that the ongoing appeal process may prolong the case, with a status update due by June 16 and potential extensions if the judge’s motion is pending.

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