Thread by @freddyriz

Update time: We’ve received an enormous number of responses from prospective class members interested in signing up for the class. The supportive comments in the emails are extremely encouraging so, again, thank you. 1/15

Nearly my entire attorney career has been dedicated to fighting for clients whose lives are devastated by terrible abuse and neglect. Here, we seek to establish a class of XRPL Network Users, which means those people are in the forefront of my mind at all waking hours. 2/15

Since the April 11 filing, there has been a lot going on behind the scenes that, unfortunately, I can’t fully discuss publicly due to attorney-client privilege issues and other attorney requirements and obligations. I apologize for this and recognize it is frustrating. 3/15

Even though all the information in the complaint is public knowledge, our case brought those facts together in way that crystallized the magnitude and extent of the unprecedented situation that is happening to XRP Network Users. 4/15

To the case itself: First, Homer and Willy. Calling Clayton and Hinman “Homer” and “Willy” was unprofessional and disrespectful. Purposefully so because I have do not respect them and cannot respect them unless there is a sincere apology and restitution. 5/15

These two received a letter from former SEC Comm. J. Grundfest telling that their proposed course of action “will most likely cause BILLIONS of dollars of losses to INNOCENT third-party holders.” Knowing that, these two INTENTIONALLY ruined thousands of “innocent” lives. 6/15

Nevertheless, name-calling was too far upon reflection. And while I do not respect the defendants, I do greatly respect our judicial system and the people that serve as judges. Rest assured, an amended complaint was drafted shortly thereafter that modified the names and...7/15

...refers to the defendants by their birth names. The amended complaint will not be filed in the near-term future, however, for the following reason…8/15

After many hours of preparation and legal research, I am confident our case should not have an effect on other litigation. But during this past week, I have been contacted by various entities about things happening behind the scenes that I had no way of knowing...9/15

...prior to initiating our suit. To be clear, this information is generalized, may not even be true, and none of it pertained in any way to settlement issues in the ongoing #SECvsRipple case. But it has changed the calculus of our case. 10/15

Although I’ve spoken to many, I also contacted @JohnEDeaton1 to discuss. Based on all the information I have learned in the past week in addition to my discussion with John, I strongly feel it is in the best interests for XRP Network Users to let coming events play out...11/15

...over the next few months with our case on the sidelines—for now. Because of the recent developments, we will be voluntarily withdrawing the active case in Arizona—again, FOR NOW—as additional evidence obtained by others is likely coming out in the intermediate future. 12/15

This new evidence will make our case against Hinman and Clayton much stronger. Make no mistake—I’m not going anywhere. Shannon’s not going anywhere. And I know the XRP Network Users are not going anywhere. 13/15

So if you are interested in joining the class, you may still submit contact info and are encouraged to do so. Details will continue to be updated and provided on pinned tweets. 14/15

This community is so strong, but remember it is like that because of respect, unity and willingness to treat others in good-faith. Finishing this challenge requires we remain dedicated to these principles. 15/15
#XRPArmy