Judge Netburn granted, in part, the SEC's request for extension of time regarding reconsideration of her DPP Ruling.

[HAL1000]

 

Edited January 24, 2022 by HAL1000

[HAL1000]

reconsideration by February 17, 2022, and the Defendants may file their response by February 25, 2022. No reply briefs are permitted. Briefs shall be limited to ten pages (double-spaced) and the publicly-filed versions should be minimally redacted.

The SEC may submit 10 additional documents for in camera review, along with its motion. The deadline for either party to file an objection to District Judge Torres from the Court's January 13, 2022 Opinion & Order is stayed until 14 days from a decision on the motion for reconsideration."

[VanGogh]

How long is the judge going to appease the SEC!

[HAL1000]

 

[NMNR]

I want to believe that Netburn is being mote cautious as her decisions are pretty much going to set precedence for the entire crypto market. 

I'm frustrated as hell,  but as a professional, if your name is associated with potentially decimating an industry if you get it wrong then its your entire reputation down the drain. 

I'm still convinced that she is smart enough to know what game is being played and it just seeing how it pans out. Basically, she knows its game over but wanting the SEC use all its quarters.

[HAL1000]

This is what JH had to say before this came out:-

 

[JASCoder]

JH reply... 

 

[Guest]

Stunned. Again. 

I just don't get it. Why go allow backtracking gainst her own ruling when the SEC themselves said it was Hinman's opinion? And then, they contradicted themselves. 

I guess logic has no place here. Disappointed once again. 

[HAL1000]

And for what it's worth???

 

[princesultan]

This whole case is a complete mockery of the judicial system. And these judges are complete jokes as well. 

[Julian_Williams]

Note: the judge made her judgement within a day of Ripple's response and she gave SEC the very minimum she had to remain fair to both sides; she is not wasting time herself, and she knows her prey are dishonest and slippery.  She is nailing SEC to the floor, and also creating a situation where SEC will be brought to the negotiating table sooner rather than later. 

She is on our side, you can smell it.

Edited January 25, 2022 by Julian_Williams

[RikkiTikki_is_Back]

3 hours ago, Julian_Williams said:

Note: the judge made her judgement within a day of Ripple's response and she gave SEC the very minimum she had to remain fair to both sides; she is not wasting time herself, and she knows her prey are dishonest and slippery.  She is nailing SEC to the floor, and also creating a situation where SEC will be brought to the negotiating table sooner rather than later. 

She is on our side, you can smell it.

She is setting the stage so her judgement can't be backdoored and even at the appeal level the SEC won't have much to go on because they were given every chance to prove their case in this litigation.  Gensler is already starting to pivot and focus on exchanges which will be his next round of attack, I know some people think the SEC may actually go after ETH at some point but I don't think so ETH's architecture will eat itself sooner rather than later as 2.0 is pretty much vaporware but they have to milk it for all it's worth, Lubin also knows where all the bodies are at and as the saying goes a greased wheel doesn't squeak.  Ripple is digging up bodies so I think this is smoke and mirrors tactics from the SEC the longer this goes the more exposure people that don't want exposure will get this runs deep and high up.  Another thing Midterms are coming, and I would not be surprised if we see movement around that time frame, expect some of these politicians to weigh the potential of losing their job or their party losing control all over something that could have been prevented.  As hodlers of anything we really should be sending out a unified message to people like Warren etc, that her special interest is not our interest, and her political career is in jeopardy.  Congress can reign in the SEC and we elect Congress so if they won't reign the SEC in we have to let them know that we will reign them in!!  It's really time for the infighting in this space to stop a divided crypto space is a lost space let the niche your coin fills be decided by fair competition and that alone.

Edited January 25, 2022 by RikkiTikki_is_Back

[Caracappa]

I want to believe the judge is partially allowing it to make her judgement as correct and watertight as possible so the SEC has no grounds to appeal, and she has put them in a tight spot before with smart rulings that at first dont seem beneficial. 

However, in a falling empire such as the US of A it is every man and woman for themselves and grab as much as you can before it sinks in the upcoming decades. Perhaps the sec puts in these ridiculous motions and delays because they know it will be granted. Judges have to think about their careers to. 

[Julian_Williams]

5 hours ago, RikkiTikki_is_Back said:

She is setting the stage so her judgement can't be backdoored and even at the appeal level the SEC won't have much to go on because they were given every chance to prove their case in this litigation.  Gensler is already starting to pivot and focus on exchanges which will be his next round of attack, I know some people think the SEC may actually go after ETH at some point but I don't think so ETH's architecture will eat itself sooner rather than later as 2.0 is pretty much vaporware but they have to milk it for all it's worth, Lubin also knows where all the bodies are at and as the saying goes a greased wheel doesn't squeak.  Ripple is digging up bodies so I think this is smoke and mirrors tactics from the SEC the longer this goes the more exposure people that don't want exposure will get this runs deep and high up.  Another thing Midterms are coming, and I would not be surprised if we see movement around that time frame, expect some of these politicians to weigh the potential of losing their job or their party losing control all over something that could have been prevented.  As hodlers of anything we really should be sending out a unified message to people like Warren etc, that her special interest is not our interest, and her political career is in jeopardy.  Congress can reign in the SEC and we elect Congress so if they won't reign the SEC in we have to let them know that we will reign them in!!  It's really time for the infighting in this space to stop a divided crypto space is a lost space let the niche your coin fills be decided by fair competition and that alone.

I would love to see Lubin's world implode, and more advanced platforms replace what Vitalik started.  I like to think bad management and bad practices always lose, but it does not always unravel that way.   

 

[princesultan]

Lots of wishful thinking in this thread unfortunately. Let’s just say it how it is. Everyone thinks ripple is winning in this forum, except the judge is going against them almost every step of the way.