ATTENTION ⚠️
XRP WILL DECEIVE ITS INVESTORS BY 2026
The latest situation regarding the XRP case is as follows: The Court allowed the SEC to submit its opening statement by March 22, 2024, Ripple to submit its counter-statement by April 22, 2024, and the regulator to submit its response by May 6, 2024. So what will happen?
- At this stage of the court process, the SEC requested additional time to submit discovery materials regarding the measures to be taken against Ripple
- The SEC's reasoning behind this extension request was emphasized as 'good cause' according to the Federal Rules of Civil Procedure, and noted the SEC's diligence in "completing discovery and briefing regarding the measures"
- Ripple joined the SEC's petition, as it had previously received an extension of the initial discovery period from Judge Sarah Netburn, meaning nine additional days to file its own opening statement
- It is stated that the outcome of the case may not be officially announced before MAY 2025 due to possible appeals in the complex legal struggle. My guess is that SEC and XRP will continue to exploit investors in an agreed manner.
Until this process, xrp will fill its portfolio with the losses of small investors. Attention here, xrp fans will continue to increase interest and maintain its volume by constantly advertising, thus blaming the SEC for large losses.
If you would like to learn more about the outcome and progress of the case, please stay tuned. If there's anything else I can help with, don't hesitate to ask.