XRP Army Celebrates Being on ‘Right Side of History’ as SEC’s Ripple Lawsuit Ends



Briefly

  • SEC officially closed its legal dispute against Ripple Labs Inc. on Thursday.
  • The Avid Fans of the XRP Army now celebrate what they believe is a confirmation that they are on the “right side of history”.
  • The mantra comes from the Blog 2020 from Ripple Director Brad Garlinghouse.

In the midst of a US Securities Commission formally Closing a legal dispute against Ripple Labs Inc.Who,, Xrp army He believes that the group is on the “right side of history” – a mantra that has been repeated among the community since 2020.

Stems from a blog blog From the Ripple Director, Brad Garlinghouse, who then said: “We are not only on the right side of the law, but we will be on the right side of history.”

Secus claimed that Ripple participated in unregistered securities in the amount of $ 1.3 billion through the Sales of XRP, suing the company and two executives in December 2020. Ripple denied the allegations, claiming that XRP was not security.

At that time, the XRP was worth approximately $ 0.56 with a community that divorced from launching token in 2017. In the days after the news he dropped 62% to $ 0.21 Co ringecko.

It is ironic that DIC’s lawsuit against Ripple acted as an invitation to the Community on Weapons and Evolution of the XRP Army, members Decipher.

“Personally, I mobilized supporters to defend the XRP shot,” ” Mackaktackxrp said. “The XRP army has grown significantly through social media and initiatives from influential figures within a community, such as John Deatonwho in the lawsuit of the SEC provided legal support on behalf of 75,000 owners of the XRP. “

Before the litigation, he said, he mostly used the military carrier of the XRP as an insult by a foreigner who surprised the loud support of the Token group.

“This absolutely gathered us. Hundreds of us have submitted statements in court to John Deaton, and we have won,” a member of the XRP army James government said Decipher. An statement is a written statement that can be used in court as evidence.

The happy side effect of legal battle was that the army gave time to accumulate XRP tokens, the rule said, because the lawsuit suppressed the price of token. Although he added that he would rather not happen.

We got out of this battle together, together, “Mackattackxrp said.” And for years we knew we were on the right side of history. “

As Decipher They spoke with several members of the XRP army after closing the legal battle, everyone repeated that feeling that they were on the right side of history. All this led to the Garlinghouse 2020 blog, which became the original material for the XRP Army Mantra.

“Although we have always believed that we are on the right side of history, it has not been truly proven until it has been decided in court. Now that the case has given up, it has been confirmed,” the pseudonymous member of the XRP army Cryptocurrency said Decipher. “I think there has been a regulation by the implementation, and regulators have selected winners and losers, which should not happen in free markets.”

Ripple is fighting the Sec’s, the army believes, not only cleanses the coast for the XRP, but also the whole crypto industry.

“This legal battle has become a significant event in the Crypto Industry, because it not only applies to the status of the XRP itself, but also had broad consequences on the regulation of the Crypto -Valute in the United States,” explained Mackattackxrp. “It was perhaps the biggest dispute in American financial history, but he had and continues to have the consequences for the whole cryptum industry globally.”

After almost five years of helping Ripple’s legal battle, he added, the XRP army will receive a little necessary rest. But soon, Mackattackxrp confirmed, the detachment will gather their troops and “push the XRP to high heights.”

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