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❕NEWS How will Ripple defend itself against the SEC?

aryan4

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Yahoo Finance shared an article on this subject yesterday.
It is claimed that Ripple will defend itself as follows:

----- It plans to show that the news about Ripple has no effect on the price of XRP.
----- Ripple Labs company will be said to exist before XRP.
----- He will argue that XRP sales are made without the buyers realizing that they bought the asset from Ripple, meaning that XRP cannot be an 'investment contract'.
Would you like to say something about this topic?
 

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Why are the arguments made public? Or are they probable arguments just put together by that news platform? I do hope that Ripple is able to pull through.
 

aryan4

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Why are the arguments made public? Or are they probable arguments just put together by that news platform? I do hope that Ripple is able to pull through.
Maybe there is a special reason for public announcement. Because recently, the management's failure to make any statements was criticized by investors very seriously.
 

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They would sure defend themselves and whichever methods they chose best known to them, all I care is they should defend the lawsuit and come out clean.
 

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Maybe there is a special reason for public announcement. Because recently, the management's failure to make any statements was criticized by investors very seriously.
I doubt that the investors would want their cards laid on the table this way. There are other news that could have been shared with the investors that would not give SEC an inkling of what they were planning.
 

aryan4

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They would sure defend themselves and whichever methods they chose best known to them, all I care is they should defend the lawsuit and come out clean.
This kind of news is important to an extent. But as you said, the important thing is that XRP left this case with a positive result.
 
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