XRP Army’s Victory Dance: SEC’s Defeat in Ripple Saga 💸✨

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It is a truth universally acknowledged, that a tokenholder in possession of a substantial stash of XRP must be in want of a legal triumph. The XRP Army, that most industrious and spirited assembly of enthusiasts, hath proven themselves the very linchpin in securing Ripple Labs’ recent victory over the US Securities and Exchange Commission. One might say the SEC’s case was as flimsy as a lady’s fan at a ball-easily dismissed by a well-coordinated chorus of tweets and affidavits. 🕺

In the year 2020, the SEC, with all the solemnity of a clergyman addressing a congregation, accused Ripple of peddling XRP as an unregistered security. Judge Analisa Torres, a woman of discernment and wit, decreed in 2023 that only a portion of the tokens merited such a classification, and by August of this year, both parties had agreed to abandon their appeals, much like two lovers finally reconciling their differences. 🤝

Crypto advocate John Deaton, a gentleman of considerable zeal and a penchant for defending the indefensible, hath declared that “no credible person can argue” the XRP Army’s efforts were inconsequential. “If they do, they’re either ignorant to the facts and truth or intentionally lying,” he proclaimed on X, a platform where brevity is the soul of wit. 🐦

Deaton, a man whose advocacy is as relentless as a suitor’s compliments, hath long championed XRP holders, arguing they were grievously underrepresented in the SEC’s case. His efforts, coupled with the Army’s tireless labors, have left the court with no room for doubt. “We have conclusive evidence that we made a difference,” he insisted, with all the conviction of a barrister in full flourish. 🧑⚖️

Ripple’s Deborah McCrimmon, a woman of poise and legal acumen, hath praised the XRP Army’s contributions to the case, likening their efforts to a well-stocked library. “Their legwork gave the court visibility that the case impacts a lot of people,” she remarked, while admitting that their unpaid labor was as invaluable as a perfectly timed quip at a dinner party. 🎉

Mccrimmon further noted that the Army’s mining of SEC speeches and blockchain-related discourse proved instrumental in Ripple’s defense. “I could have paid lawyers thousands of dollars to do that,” she mused, “but instead, they did it for free on Twitter.” One might say the XRP Army’s efforts were as cost-effective as a well-timed joke-entirely gratis and profoundly impactful. 📜

“We didn’t ask them to, but once they saw this defense in our answer, people started finding it and posting it on Twitter, and that was tremendously helpful for me.”

Judge Torres, in her final decree, cited Deaton’s amicus brief and XRP holder affidavits, a decision that left Deaton in a state of jubilant triumph. “She ruled XRP itself is NOT a security while citing XRP Holder Affidavits,” he declared. “Had she not cited those things, people could legitimately debate whether our efforts made a real difference.”

“But the proof is in the decision itself. Often, people say one person can’t make a difference. I say: one person can inspire many people and together, they can make a difference.”

Deaton, ever the motivator, rallied XRP holders to submit affidavits and coordinate social media campaigns, a feat akin to organizing a grand ball for the entire kingdom. 🎆

Judge Torres’ July 2023 ruling, though a mixed bag, sent XRP prices soaring like a balloon at a garden party. The token leapt from $0.47 to $0.81, a rise so dramatic it would make Lady Catherine de Bourgh green with envy. 🌸

As the SEC and Ripple abandoned their appeals, the token surged again, hitting a peak of $3.35 before retreating like a courting couple cooling their ardor. At present, XRP trades at $2.85, a modest price for a token that has danced between highs and lows with the grace of a well-trained quadrille. 🎶

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2025-09-04 05:35