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XRP LAWSUIT: NEW MYSTERIOUS ‘DECISIVE EVIDENCE’ TO CHANGE RIPPLE OUTCOME?
▪️ Mysterious Filing Resurfaces: Justin Keener submits an emergency motion claiming “decisive evidence” that could aid Ripple in its lawsuit.
▪️ Ripple vs. SEC Drama Continues: Legal experts weigh in as the XRP community watches how this filing might impact the case before June 16.
The XRP lawsuit never “fails to entertain” and it just got interesting. A mysterious filing by Justin W. Keener with an emergency motion has resurfaced again.
Decisive Evidence to Change the Outcome?
Keener says that he has “decisive evidence” which could change the outcome of the Ripple vs. SEC case in favor of Ripple. This unexpected move invited comments from experts like Bill Morgan and Marc Fagel.
“XRP Case Never Fails to Surprise”
Bill Morgan shared that he expected some kind of filing, especially with the 60-day deadline for a status update nearing on June 16. He didn’t expect a lengthy, emotional rant against the Howey Test and its court interpretations, especially about “investment contracts.” The rant also criticized the SEC’s actions over the past 90 years.
“This case never fails to entertain or end,” he said, which shows how unpredictable the lawsuit has become.
Marc Fagel also pointed out that this is the second time the same individual has submitted documents. The SEC even responded to the first one but questioned why the court hasn’t shut down the person’s PACER account yet, given the unauthorized filings.
Keener’s first attempt to submit his “decisive evidence” in the Ripple case was shut down back in April, but he’s now trying again. Keener was recently fined $10 million for illegally trading penny stocks without registering as a dealer.
Will This Impact the Lawsuit?
The XRP community is watching closely to see if this would have any impact on the lawsuit. Most expect the court to reject it again, but how the judge and SEC respond this time will show whether it has any real impact.
In a recent letter to the SEC, Ripple said that fungible crypto assets like XRP aren’t securities in secondary sales. Citing legal expert Lewis Cohen and a 2023 court ruling, Ripple argued that these tokens don’t carry the legal traits of securities and requested the SEC to adopt clearer rules, noting that XRP itself was ruled not a security in public trading.
@ Newshounds News™
Source: Coinpedia
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BRICS: 44 COUNTRIES ALIGN WITH DE-DOLLARIZATION AGENDA
A total of 44 countries are aligning with the de-dollarization agenda kick-started by the BRICS alliance. The 11-member bloc is rewriting trade policies to benefit their national economies and currencies while ignoring the US dollar.
The shift against the greenback is accelerating as emerging economies are bringing investments back home. Developing countries are cutting ties with the US-based financial investments such as bonds, and accumulating gold and local currencies in their reserves.
The economic policies of the White House have caused extreme financial distress in developing countries. From Trump initiating tariffs to trade wars and global dominance, emerging economies are siding with BRICS as the bloc advances the de-dollarization agenda.
The US now stands alone on the global stage as even the European Union, which is its close ally, is considering the euro for transactions. Several leaders have openly called to reduce dependency on the USD and focus on European assets.
44 Countries Align With BRICS De-Dollarization Agenda
Vietnam became the latest country to show interest in the BRICS de-dollarization agenda in 2025. Around 44 countries are interested in BRICS expansion and officially taking part in the de-dollarization policies. The nations who are on the sidelines want to dismantle the US dollar’s dominance and replace it with local currencies.
The upcoming 17th summit in Rio de Janeiro will signal how fast the process will gain shape next. BRICS made it clear that the long-term goal of the alliance is to fast-track de-dollarization and end the US dollar’s supremacy. It is reported that many more countries could join the bandwagon from Asia and nations from the African region.
Emerging economies want to use BRICS as a stepping stone to officially launch the de-dollarization roadmap in their respective countries. They would have the backing of the New Development Bank (NDB) which can disburse loans in local currencies for infrastructural developments.
@ Newshounds News™
Source: Watcher.Guru
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