XRP played a major role in the Ripple SEC suit star-news.press/wp

The issue of the US Securities and Stock Exchange Committee (SEC) against Ripple reached a turning point in July 2023 when Judge Analisa Torres ruled that XRP itself is not safe. Lawyer John Diton, who represented XRP holders through the Amicus summary, now confirms that the collective efforts of the XRP army played a decisive role in forming this.

John Diton highlights the influence of society

in Detailed post on XDeaton revealed that among more than 2000 exhibitions presented during the case, Judge Torres was only martyred for a few dozen, including Holder XRP certificates, Mujahza, and his oral arguments he presented in the LBRY case. “Often, people say one person cannot make a change. I say: one person can inspire many people and feel together, they can make a change,” Diton wrote.

Diton stressed that Judge Torres’s dependence on the certificates presented by XRP holders and Amicus’s contribution to him is directly sincere on the importance of the community’s invitation.

“If you did not cite these things, people can be legally discussed whether our efforts have made a real difference. But the evidence in the same decision,” Diton explained, strengthening that the activity of the XRP army was not symbolic but he coined the legal logic.

His remarks add to the increasing recognition that organized societies can affect the course of historical encryption cases, which leads to a return to organizational transgression.

It is worth noting that the SEC ripples is now in the past. Last month, the United States Appeals Court approved the joint request of both parties to refuse to appeal.

Ripple legal trip and SEC battle

In a conversation What is at stakeDeborah Maccolim, Vice President of Ripple and Deputy General Adviser, highlights the broader task of the company and the challenges of the SEC case. MCCREMMON, who joined Ripple in 2018 as his only toxic, now leads the legal team that deals with conflicts and organizational strategy.

It repeated the Ripple goal of building the “Value Internet”, where money transfers around the world are easy and cheap, such as sending an email. Using Ledger XRP, Ripple aims to provide low -cost -cost payments.

A lawsuit of the Supreme Education Council, which was filed in December 2020, claimed that XRP sales were unregistered securities. Ripple emphasized that XRP himself was not safe, a position that was validated in the rule of Judge Torres in July 2023.

McRimMon emphasized that the impact of the case spanned beyond Ripple, and attracted law students and lawyers, especially the XRP army, which unveiled all SEC speeches and public records that support the defense of “Ripple notification”.

From the courtroom to the momentum of the market to XRP

Although Ripple has since reached a settlement with SEC in terms of sanctions, the broader effects are still important. Analysts note that the ruling not only gave clarity to ripples, but also a precedent of digital assets under organizational audit.

The XRP army activity is likely to be remembered as a corner stone in the case, explaining how legal participation at the base level can transform the balance in financial regulation high risks. Deaton insists that their contributions guaranteed Judge Torres distinguished between the distinctive symbols XRP and investment contracts, a slight difference that can form judicial jurisprudence in the future.

Moreover, according to Deaton, the ongoing invitation and pressure from retailers helped to maintain Ripple through the lawsuit, a factor now seen as enhancing the ability of XRP to outperform Ethereum.

Meanwhile, Ripple continues to expand the real world’s requests for XRP, from operating international payments to enhancing financial inclusion. McRimMon reaffirmed that the task has not changed: “Smoothly making global funds such as sending an email”, with XRP at the heart of that vision.

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