On August 8, the $XRP community was riding high 🚀 after shocking headlines claimed the Ripple vs SEC war had finally ended. Reports said that both Ripple Labs and the U.S. Securities and Exchange Commission filed a Joint Dismissal of Appeals — in simple words, the 5+ year legal battle was over! 🎉
But then… something strange happened.
😶 The CEO’s Silence Sparks Confusion
XRP fans expected Brad Garlinghouse, Ripple’s CEO, to pop champagne 🍾 on X (Twitter) the moment the news dropped. But 24 hours later… nothing. No post. No emoji. No victory lap.
This silence left parts of the community scratching their heads:
“Is this even true?” 🤨
“Why isn’t Brad saying anything?”
Some even shouted “Fake News!”, pointing to the SEC’s website claiming they couldn’t find official confirmation.
Others went full conspiracy mode 😅, suggesting it could be a “distraction” and that the case wasn’t officially over until both sides issued public statements.
🛡 Ripple CLO Breaks the Silence
Thankfully, Ripple’s Chief Legal Officer Stuart Alderoty jumped in to calm the waters:
> “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals. The end… and now back to business.”
Translation? ✅ The case is over, folks.
⚖ Ex-SEC Lawyer Calls Out the Doubters
Enter Marc Fagel, a former SEC attorney, who decided to drop the legal truth bomb 💣:
> “The joint stipulation of dismissal is public, so not sure what you think needs to be announced.”
Fagel explained:
Judge Analisa Torres doesn’t need to sign anything now.
The Court of Appeals will handle the dismissal paperwork.
Once that’s done, her original ruling against the SEC stands — case closed. ✅
“No judges need to weigh in on anything at this point,” he added.
🚀 What This Means for Ripple & XRP
With the case done and dusted, Ripple is no longer carrying the ‘Bad Actor’ tag ❌. This could mean:
Easier fundraising 💰
More partnerships 🤝
Stronger global business expansion 🌍
But until Brad Garlinghouse himself tweets 🐦, some skeptical XRP holders might still keep their champagne on ice.
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💬 What do YOU think? Is Brad’s silence a smart move or just weird? Drop your thoughts in the comments ⬇ and let’s talk about where XRP goes from here! 📈🔥
#XRP #Ripple #SEC #CryptoNews #CryptoCommunity #CryptoUpdate
