XRP Army Triumphs: The SEC Surrenders in Epic Crypto Showdown 🚀🌕

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The year 2020 was supposed to be the annus horribilis for Ripple, with the SEC filing a lawsuit that promised to bury the company under $1.3 billion worth of “unregistered securities” drama. Instead, it became the spark that ignited an army-an army of XRP enthusiasts, armed with memes, affidavits, and an unshakable belief that they were destined to conquer both regulators and reality itself. Brad Garlinghouse, Ripple’s then-CEO (and apparent poet laureate), famously declared in a blog post: “We are not only on the right side of the law, but we will be on the right side of history.” Ah, Brad, you silver-tongued idealist. Little did he know his words would evolve into a rallying cry for crypto zealots everywhere.

Fast forward to Thursday, when the SEC-perhaps tired, perhaps defeated, or perhaps just confused by its own legal briefs-dropped its appeal. Ripple, equally eager to move on, abandoned its cross-appeal. Both sides agreed to shoulder their own legal fees, sealing a June agreement where Ripple coughed up $125 million. And so, the most-watched crypto case in U.S. history ended not with a bang, but with a whimper. Or rather, two signatures on a court filing. Poetic justice? Or just… bureaucratic boredom? 🤷‍♂️

A Tale of Two Armies

Before the lawsuit, the term “XRP Army” was more insult than accolade-a label hurled by critics to mock Ripple’s loudest supporters. But adversity has a funny way of turning insults into insignias. Enter John Deaton, a lawyer who could probably sell sand in the Sahara, rallying 75,000 XRP holders into action. These brave souls submitted hundreds of affidavits, transforming themselves from mere token holders into self-proclaimed guardians of crypto liberty. Was it altruism? Or just the thrill of sticking it to the SEC? Who can say? 😌

For the XRP faithful, this wasn’t just about one token. Oh no, this was a crusade against regulatory overreach-a battle whose echoes (or should we say, ripples?) would reverberate across the entire digital asset landscape. To them, defeating the SEC wasn’t merely a victory; it was a cosmic alignment of destiny, jurisprudence, and possibly even astrology. 🌟

The End… or Just Intermission?

Let’s rewind for a moment. Before the lawsuit, XRP was trading around $0.56. After the SEC dropped its bombshell, it plummeted to $0.21. Ouch. But like any good underdog story, XRP clawed its way back, buoyed by waves of community support and, let’s be honest, a healthy dose of schadenfreude whenever regulators stumbled. Now, with the case closed, the XRP Army is taking a well-deserved victory lap-or at least, as much of a lap as Twitter allows. Their next mission? Pushing XRP to “great heights.” Presumably, these heights include the moon. 🌕🚀

XRP takes a breather after some profit-taking. A new bull run beckons, according to the XRP Liquid Index.

For now, the XRP Army basks in the glow of their hard-fought triumph, secure in the belief that history-and the courts-are firmly on their side. Whether the market agrees remains to be seen. After all, the price of XRP doesn’t care about your war cries or your hashtags. Still, one thing is certain: the XRP Army marches on, fueled by conviction, caffeine, and dreams of lunar riches. XRP to the moon, indeed! 🧑‍🚀🌕

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2025-08-11 02:39