Jesse of Apex Crypto Consulting, a crypto expert, recently discussed the Ripple vs. SEC lawsuit. After spending more than 9,000 hours on Ripple and the Global Financial System, Jesse shares his thoughts and says the lawsuit may not be what it looks like.
According to Jesse, the legal battle between Ripple and the SEC is like a carefully planned show. He feels it is being used to control the price of XRP and enable Ripple to quietly build strong partnerships around the world.
Jesse explained that in his view, Ripple is not just a regular crypto company, but is closely linked to powerful global financial groups such as Central Bank and the IMF. In his opinion, Ripple’s long-term goal is to make XRP a global reserve currency that can replace traditional payment systems like Swift.
He also noted that in history leaders who have tried to change the global money system are even facing major consequences. But Ripple continues to grow without anyone stopping them, making him believe that he may be working with the world’s biggest financial forces.
Regarding the lawsuit itself, Jesse argued that it serves multiple purposes. One, he said, is to keep XRP prices in place for a long time, allowing Ripple to attack transactions with partners and quietly build a global payments network. He added that there is evidence that Ripple has signed hundreds of NDAs and signed agreements with financial institutions.
However, Jesse has made it clear that these are his personal opinions based on years of research.
The lawsuit is currently underway
At this point, the Ripple vs. SEC case is in the final stages. Both sides are waiting for the court to determine penalties and other final details. Recently, Ripple CEO Brad Garlinghouse announced that the company has dropped its cross appeal.
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