Crypto journalist Eleanor Terrett shared a remarkable development in the long-standing case between Ripple and the Securities and Exchange Commission (SEC). According to Terrett, a motion submitted to the case file marked “urgent” indicated that evidence of “decisive nature” was intended to be presented in favor of the defendant Ripple and in the name of the “freedom of the American people.”
The petition in question belongs to a person named Justin W. Keener, who is not a party to the case but states that he has a connection to the outcome of the case. In the petition, Keener claimed that he possesses special data and information that could shed light on the solution to the “nightmare” we have been unknowingly exposed to for the last 10 years, which he describes as a “miracle.”
However, the petition did not clearly state what these “decisive evidence” are or how they would benefit Ripple. According to Terrett’s research, Keener was recently sued by the SEC on the grounds of being an unregistered securities (penny stock) seller. The court ruled that Keener had to pay more than 10 million dollars in fines as a result.