XRP Forces celebrate being on the “right side of history” as SEC ripple lawsuits end

The Securities and Exchange Commission led to the official shutdown of a legal dispute against Ripple Labs Inc., which believes the group is on the “right side of history.”

This comes from a blog post by then-Ripple CEO Brad Garlinghouse. He said at the time, “We will not only be on the right side of the law, but on the right side of history.”

The SEC alleged that Ripple joined the $1.3 billion unregistered securities offered via the sale of XRP, suing the company and two executives in December 2020. Ripple denied the allegations, claiming that XRP is not security.

According to Coingecko, the XRP was worth around $0.56 at the time, and it was growing the budding community that had grown since the launch of the token in 2017.

Ironically, the SEC lawsuit against Ripple served as a call to weapons for the community and an evolution of the XRP military, Mackattackxrp said Decryption.

“I personally mobilized supporters to protect XRP and Ripple,” Mackattackxrp said. “The XRP Forces have grown significantly through social media and initiatives from influential figures within the community, including John Deaton, who provided legal assistance on behalf of 75,000 XRP holders in the SEC lawsuit.”

Before the lawsuit, XRP Army Monica said it was primarily used as a shaming by outsiders who were surprised by the group’s vocal support for the token.

“It absolutely brought us together. Hundreds of America have filed affidavits in court following John Deaton. Decryption. An affidavit is a written statement that can be used as evidence in court.

As the lawsuit curbed the price of tokens, Ruhr said the lucky side effect of the legal battle was that it gave the Army time to accumulate XRP tokens. He added that it hadn’t happened, but

Mackattackxrp has grown bigger and stronger since this fight.

As Decryption Following the end of the legal battle, I spoke to several XRP Army members, who repeated the feeling that they were all on the right side of this history. It all went back to Garlinghouse’s 2020 blog post. This has become source material for the XRP Army Mantra.

“We always believed we were on the right side of history, but it’s not really proven until it was decided in court. Now that the case has been deleted, it’s confirmed.” Decryption. “I think there was enforcement restrictions. I think the regulators chose winners and losers in the free market.”

Ripples fighting the SEC believe that they will not only clear the XRP coast, but also the entire crypto industry.

“This legal battle became a groundbreaking event in the crypto industry, as it had broader implications for US cryptocurrency regulations as well as the situation in XRP itself,” explained Mackattackxrp. “It was probably the biggest controversy in the history of America’s financial history, but it continues to deliver results across the crypto industry around the world.”

After supporting Ripple’s legal battle for about five years, he added that the XRP forces will have much needed rest. However, Macattackxrp immediately checked, and the team gathered their troops and confirmed “to push the XRP very high.”