Stuart Alderoty, General Counsel Ripple expressed, “Every litigator will tell you it’s always the defendant – never the plaintiff – asking to delay proceedings. Why would any plaintiff, let alone one with unlimited resources, play the delay card?”

Community response:   History tells us that the SEC achieves best settlement by maximizing pressure on defendant business rather than seeking fair outcomes.

The SEC cannot answer the Howey Test RFA’s. The SEC knows very well they don’t have a case. Please get them to the settlement table and settle this case. But make sure XRP is declared not a security.

Discovery in this action has already been extended and the Court is not inclined to permit further delay by granting intervention and prolonging discovery.

It resembles the story of the Titanic.  The ship is sinking and the captain just delays the inevitability of going down with the ship. If there’s no clear path forward.  Just go sideways for as long as you can… “Sort of thing.”

Because Stuart, SEC does in fact have limited resources. They never anticipated this outcry and outrage along with a well prepared defense. I believe the SEC was counting on Ripple to fold and settle for several million dollars. Perfect fundraiser for future crypto suits.

The same people who swore oaths to protect investors were involved in a deliberate, consistent, systemic pattern of arrogant market manipulation. This was a co-ordinated effort to throw sand in the gears of Ripple to protect floundering digital projects & legacy banking systems.

The SEC is trying to save face. Once Ripple wins the case, it will set precedence that will force the SEC to fundamentally change the way they have treated crypto. They need to buy time to prepare for what is coming down the pipeline.

Simple answer is the SEC feels it can cause financial harm in delaying the case. Fees, advantage competitors, looking for end of secondary market Bull cycle just to name a few reasons.

They are just trying to sabotage our efforts until they can hand charge of crypto to the treasury. Then the treasury will shit the whole game down under their control. Then they will suppress cryptos down in exchange for CBDC.

Because they have a bad case and the only leverage they have is time, so by delaying the case they have more chance to get a good settlement. I really hope for the USA, it is not as corrupt as it seems that it is to delay so ETH can build out ETH 2.0.