Ripple (XRPUSD)

[MindlessSelf]

We didn’t get the slam dunk today where judge says they are not privileged and they have to unseal the documents, however it is hard for her to determine that without seeing them herself.

The good news is she didn’t buy anything the sec had to say today to change her mind from reviewing them. She thinks that they can be relevant to Ripples fair notice defense.

She corrected the sec a few times on what they were saying and she is definitely leaning towards granting the fair notice defense for Ripple. And she would only do that if she thought that defense had merit and could work. If Ripple is permitted to make a case on Fair Notice, sec may want to settle so that no precedent is made for other crypto companies. But damage would already be done by then. So who knows….