Key Highlights:
Social media rumors claim Ripple lost major deals—possibly worth trillions—to Coinbase.
Legal experts say no concrete evidence supports these claims.
Ripple argues it needs a level playing field, free from court-imposed restrictions.
As Ripple’s legal battle with the SEC drags on, speculation is mounting over whether the company has lost massive business to competitors like Coinbase. But is there any truth to the “trillions lost” narrative? Let’s break it down.
The Rumor Mill vs. Legal Reality
The crypto community has been buzzing with claims that Ripple lost out on massive institutional deals, some even suggesting JP Morgan shifted business to Coinbase due to Ripple’s ongoing SEC lawsuit.
However, legal analysts caution that these numbers are speculative at best. Former SEC attorney James Farrell noted that if Ripple had suffered such losses, it would likely have disclosed them in court filings.
Ripple’s Legal Stand and What’s Next
Ripple maintains that it’s operating at a disadvantage due to the legal injunction, while competitors like Coinbase face no such restrictions. The company has called for “even footing” in the market. Meanwhile, both the SEC’s appeal and Ripple’s cross-appeal remain on hold, leaving the case in limbo.
Until the court lifts the stay, the full impact on Ripple’s business remains unclear—but the “trillions lost” claim appears more myth than fact.
