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[LutherKing]

Ripple has denied the claims made by the commission as it has maintained that the use of XRP in powering its operations is devoid of investor coercion and that the coin is used as payment utilities only.

The ceo brad garlington has said that they are hopeful that with slow but good progress OK the ongoing case that the things will finally get settled in 2022 and the coin will rise sharply and improve further in adoption and growth

Thanks

 

[Riberet19]

Yeah. i think Ripple is prepared. Though I think, there are interests on the part of SEC doing that. Its Chairman, Gary Gensler has been involved in issues. He was even linked by many to Sam Bankman Fried being a former professor of MIT.

Exactly, but even if these people were related to bankman-fried, they would surely find a way to divert the subject and that nothing at all would happen to them, these people are too powerful to get harmed from any scandal.

I think this is actually 2023 and the case have not been closed yet , I think its actually not reaching the expectations , the case has been on for a while and I really hope it actually get resolved , because the case have been on for sometime now

Perhaps there are interests on the part of one of the parties because the trial is prolonged because they know that they will probably lose or to make investors lose faith, for example in the Ripple project, it is really lengthening

 

[Wisdom01]

Exactly, but even if these people were related to bankman-fried, they would surely find a way to divert the subject and that nothing at all would happen to them, these people are too powerful to get harmed from any scandal.


Perhaps there are interests on the part of one of the parties because the trial is prolonged because they know that they will probably lose or to make investors lose faith, for example in the Ripple project, it is really lengthening

Exactly, but even if these people were related to bankman-fried, they would surely find a way to divert the subject and that nothing at all would happen to them, these people are too powerful to get harmed from any scandal.


Perhaps there are interests on the part of one of the parties because the trial is prolonged because they know that they will probably lose or to make investors lose faith, for example in the Ripple project, it is really lengthening

Sec is probably concerned about their reputation too ,that's why they are actually setting all standards and others that would actually cost them to lose the case ,they want to make sure that they are not going to be losing the case

 

[Riberet19]

Sec is probably concerned about their reputation too ,that's why they are actually setting all standards and others that would actually cost them to lose the case ,they want to make sure that they are not going to be losing the case

Yes, I also believe that the SEC has too many open fronts, I believe that many are in court against them, I believe that sometimes they abuse their power and it will not always work out for them, I hope this is one of them.

 

[cmoneyspinner]

A cash back debit card that pays in crypto? That's great. I believe there's something about ripple token and project. Ripple is one of the flagship crypto tokens like Bitcoin and will form the background of the crypto adoption to come. Hope your son is keeping his tokens?

As far as I know, he is keeping his tokens. But based on what you just said, now I think that I will look into purchasing some tokens as well. I did not know they were one of the "flagship tokens".

 

[Wisdom01]

Yes, I also believe that the SEC has too many open fronts, I believe that many are in court against them, I believe that sometimes they abuse their power and it will not always work out for them, I hope this is one of them.

They probably can't stand losing case , so they actually prefer they keep postponing the case , probably they know that if they actually don't postpone cases it would actually be to their own disadvantage and that's what they are doing

 

[gammarays]

Yeah. That's why I don't believe low volume is the reason of Coinbase for delisting it. XRP is still one of the top coins, that's true. Though, the lawsuit had negative effect back then. XRP was once the number 2 coin back in 2018. Yes, it had once surpassed ETH.

Yes delisting xrp can't be because of low volume. The lawsuit is ongoing in US which Coinbase, a US company can't go against. Yes xrp is a core token like BTC or ETH. We don't know why this lawsuit is taking time but the true potentials will be made manifest with time.

 

[Wisdom01]

Excited to see more businesses accepting cryptocurrency as payment, moving towards mainstream adoption and making it easier for people to use their crypto in daily transactions. Hoping for a positive resolution to the Ripple case for the benefit of all involved and to alleviate investor stress caused by uncertainty.

I really hope the ripple situation and case is resolved , because I really want to see some growth and development in the coin , the coin could actually boost to expectations , many just need to see that relevance more once the case have been resolved

 

[ipol12]

Exactly, but even if these people were related to bankman-fried, they would surely find a way to divert the subject and that nothing at all would happen to them, these people are too powerful to get harmed from any scandal.

Yes. They are powerful, and it's easy for them to get away from it.

They probably can't stand losing case , so they actually prefer they keep postponing the case , probably they know that if they actually don't postpone cases it would actually be to their own disadvantage and that's what they are doing

That's true! It's been years, and why the case isn't close yet. We already hoped that it will be closed at 2022 but it's already 2023.

As far as I know, he is keeping his tokens. But based on what you just said, now I think that I will look into purchasing some tokens as well. I did not know they were one of the "flagship tokens".

I wonder why "flagship tokens" though. There's difference between tokens and coins.

 

[Wisdom01]

Yes. They are powerful, and it's easy for them to get away from it.


That's true! It's been years, and why the case isn't close yet. We already hoped that it will be closed at 2022 but it's already 2023.

I wonder why "flagship tokens" though. There's difference between tokens and coins.

Yeah the case is really taking longer than expected , although I expect the case to have been resolved by now ,but most times I do wonder why the delay and others ,this makes me more concerned about things

 

[Wisdom01]

It's interesting to see the CEO of Ripple admitting to the SEC about their past actions potentially being illegal. Honesty and transparency are key in any investigation and it's good to see that the CEO is cooperating.

The case have been lingering for long , and I think no doubt ,they really want the case to get resolved ,it's the reason they are so active trying to see that the problems attached are all resolved

 

[Wisdom01]

yes it's important that the case is resolved ,but currently it actually seems it's lingering for long ,u was thinking it would be resolved soon ,but it thus seems like the case would continue for long time with the look of things

 

[Wisdom01]

While it may be a slow process, persistence in seeking a resolution can lead to a positive outcome. In the meantime, it may be helpful to stay informed and continue to monitor the situation. Hopefully, the case will be resolved in the near future, but in the meantime, patience and persistence are key.

Although the problem is that ripple have been patient enough ,if the case is still on and others , it might even affect the development of the coin so well ,that's why I even wants it resolved faster in that nature