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Welcome to \u201cThe Chopping Block\u201d \u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, crypto lawyer Stephen Palley joins an emergency live show to unpack Thursday\u2019s judgment in the Ripple case. Crypto markets are pumping after a judge handed Ripple Labs a partial victory in its fight against the SEC. But is the jubilation warranted? \u201cI can understand why people are happy,\u201d said Palley, a partner at Brown Rudnick LLP. \u201cI\u2019m just a little more cautious on what happens next.\u201d\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\nShow highlights:\xa0\n\nwhy Judge Analisa Torres ruled that retail sales of XRP do not violate U.S. securities laws\n\nhow the court denied summary judgment on some issues relating to Ripple\u2019s Brad Garlinghouse and Chris Larsen\n\nwhy \u201cFootnote 16\u201d of the ruling was so \u201csurprising,\u201d according to Stephen\n\nwhether the SEC will appeal the case and how that process could unfold\n\nwhy Coinbase, Kraken and other exchanges re-listed XRP and whether that\u2019s a safe step\n\nwhether Coinbase will cite the Ripple judgment in its lawsuit against the SEC\xa0\n\nhow this ruling does not represent a binding precedent\n\nwhy, even though this is a win for Ripple, it shouldn\u2019t be used for investment strategy\n\nwhy Haseeb thinks the SEC should \u201cfire their press department\u201d\n\nwhether the SEC\u2019s case is \u201cstronger than people on Twitter might like to believe\u201d\n\nhow, if proven, the allegations against Celsius founder Alex Mashinsky are \u201cstraight-up fraud\u201d\xa0\n\nwhy Stephen says that a lot of the enforcement activity focused on DeFi was an \u201cabsolute misuse of resources\u201d\n\n\nHosts\n\n\nHaseeb Qureshi, managing partner at Dragonfly\xa0\n\n\nRobert Leshner, founder of Compound\n\n\nTom Schmidt, general partner at Dragonfly\xa0\n\n\nTarun Chitra, managing partner at Robot Ventures\n\nGuest:\n\nStephen Palley, litigation partner at Brown Rudnick\n\nDisclosures\nLinks\n\nPrevious coverage of Unchained on the Ripple case:\xa0\n\nNew Order in SEC vs. Ripple Over XRP Is a Win for Crypto: What Happens Now?\n\nThe SEC's Lawsuit Against Ripple and 2 Execs: What You Need to Know\xa0\n\nRipple's XRP: Why Its Chances of Success Are Low\n\nUnchained:\xa0\n\nSEC vs Ripple: Judge Rules XRP Sold on Exchanges Is Not a Security\n\nFormer Celsius CEO Alex Mashinsky Arrested in New York - Unchained Crypto\n\nCoinDesk:\n\nRipple, Crypto Industry Score Partial Win in SEC Court Fight Over XRP\n\nRipple Labs Ruling Throws U.S. Crypto-Token Regulation into Disarray\n\nThe Washington Post: Ripple ruling threatens SEC\u2019s crypto regulation push\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices