SEC wants 2nd Circuit to overrule Ripple XRP decision
If Torres grants the commissioners’ request, she will pause litigation and not publish final judgments while interlocutory (and subsequent appellate) reviews of her rulings proceed.
One thing I've not seen mentioned is that holding XRP in a private wallet requires a non-refundable 10 XRP deposit. This is not the case for merely trading XRP on exchanges while using their custodial wallet.
7 Best XRP Wallets in 2023 – Top Ripple Wallets Revealed
This means that anybody holding XRP in their own wallet must be aware of their relationship with Ripple. The only people who may still be clueless are those only trading XRP using exchange wallets.
Even Ripple co-founder Brad Garlinghouse acknowledged that the matter could “take years” to resolve.
It will.
Extortion is a vice that just won't let go until you sacrifice a limb.
And this hasn't even gone to trial yet.
Recall the fairly muted price-rally after Torres's initial ruling - now you know why.
The SEC are assholes.