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Cryptocurrency News Articles

Ripple Lawyer Hints at Victory Against SEC: Team’s Resilience ‘Paved the Way’

Nov 24, 2024 at 06:55 am

Good days for XRP holders, without a doubt. In just a matter of weeks, the XRP price pumped almost 200% and is now trading at around $1.5.

Ripple Lawyer Hints at Victory Against SEC: Team’s Resilience ‘Paved the Way’

Ripple’s lawyer hints at victory against SEC: Team’s resilience ‘paved the way’

After a grueling two-year legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Legal Officer Stuart Alderoty has shared his thoughts on the journey and who deserves credit for their success.

In a recent tweet, he highlighted the bravery of Brad Garlinghouse and Chris Larsen, but also pointed out that many unsung heroes worked quietly behind the scenes, never seeking the spotlight on X.

“Many will try to claim credit for the victory, but it was really the bravery of Brad and Chris, and the resilience and expertise of Ripple Team Legal (most of whom are nameless and never sought the Twitter spotlight) paved the way. Ripple provided the blueprint to defeat Gary Gensler’s inexplicable war on crypto. We kept fighting long enough for the whole industry to weather the storm and grab this opportunity. The faith and support of the XRP Army provided much-needed hope in the darkest days,” wrote Alderoty.

Ripple’s fight against the SEC was not just about one company, but could end up helping the entire crypto space deal with regulatory challenges. Their approach might just become the go-to playbook for other crypto projects facing similar hurdles.

As reported, XRP holders have been eagerly awaiting the outcome of the Ripple vs SEC case, which could have a significant impact on the price of XRP. Some analysts have predicted that a victory for Ripple could lead to a bull run for XRP.

Meanwhile, others have warned that the SEC might still try to delay the final judgment or even try to appeal the decision if it doesn’t go in their favor. Only time will tell how this saga concludes and what the ultimate implications will be for the crypto industry.

News source:captainaltcoin.com

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