【Shocking Revelation】Is the Ripple Battle Not Over Yet? The Truth Behind the XRP Lawsuit Exposed!

The tug-of-war between Ripple and regulatory agencies is far from over. Although executives hint that "victory is in sight," the legal proceedings are still not settled. Previously, the CEO claimed that the regulatory side agreed to withdraw the lawsuit, causing a wave of excitement in the XRP community, with some even believing the battle had ended.

Lawyer Throws Cold Water: Don't Celebrate Too Soon

A pro-XRP legal expert warned that this lawsuit is not truly over. Although on the surface things seem calm, there are still key legal procedures that have not been completed, and the final ruling remains undecided.

Regulatory Backlash? Ripple's Chief Legal Officer Speaks Out

Ripple's legal officer directly questioned why the regulatory agency initiated the lawsuit in the first place, pointing out that the other party cannot clearly define cryptocurrency rules. He stated that filing a lawsuit without legislative prerequisites is akin to "a random flurry of punches." He emphasized that the regulatory side has quietly withdrawn from other cryptocurrency cases, and the Ripple case may face the same fate.

Ripple: Transparency Backfires, Decides to Halt Quarterly Reports

In response to the regulatory agency's "honest approach to the enemy," Ripple announced it will stop its transparency reports. The quarterly reports, originally intended to showcase coin holdings, are now being used as a weapon to attack Ripple. The company is deeply dissatisfied, feeling that its goodwill has been exploited, and has decided not to disclose its financial details anymore.

What's Next?

Ripple stated it will focus on promoting legislative cooperation, developing its business, and building a fairer cryptocurrency ecosystem. Their goals are clear: protect users, combat scams, and lead innovation.

This lawsuit may not be over yet, but Ripple's stance is clear—they are ready to enter the next phase. What do you think the final outcome will be?