XRP Army influenced Ripple’s SEC case outcome, says crypto lawyer

John Deaton stresses that the XRP Army provided crucial evidence, influencing Judge Torres’ decision by highlighting differences between tokens sold publicly and to institutional investors. This grassroots effort significantly bolstered Ripple’s defense.

Following the ruling, XRP experienced a notable surge before settling at roughly 2.85 USD per token. Ripple’s vice president recognized the vital contribution of the XRP Army in substantiating their fair notice defense.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts