The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), which began in 2020, has finally come to an end – and it wasn’t just Ripple itself in the spotlight. Thousands of token holders, known as the XRP Army, played a surprisingly important role in helping the company secure its breakthrough win.

A Court Victory That Changed History

The SEC sued Ripple, claiming that XRP was sold as an unregistered security. But in July 2023, Judge Analisa Torres ruled that XRP is not inherently a security, dealing a major blow to the regulator. The case was officially closed in August of this year after both sides agreed to dismiss their appeals.

Attorney John Deaton, a well-known advocate for crypto investors, emphasized on X that the testimony and support of XRP holders directly influenced the decision:

“No credible person can claim that the XRP Army made no difference. If they say that, they either don’t know the facts—or they’re deliberately lying,” he declared.

The Power of Community: One Voice Can Inspire Thousands

Deaton further noted that the court’s acknowledgment of affidavits from XRP holders proved that even retail investors can shape the outcome of such a major case.

“People often say one person can’t change anything. I say one person can inspire thousands—and together, they can change everything,” he said.

The XRP Army was quick to respond on social media, celebrating that their voices left a mark in crypto history.

Ripple Moves Forward: Internet of Value and Lightning-Fast Payments

Deborah McCrimmon, Ripple’s Vice President and Deputy General Counsel, explained that the company’s mission is to build an “Internet of Value”—a global system where cross-border payments are as easy and fast as sending an email. According to her, the XRP Ledger already enables this with near-instant, low-cost transactions across continents.

She added that the lawsuit not only exposed regulatory shortcomings but also highlighted how community power can play a pivotal role against institutions like the SEC.

XRP as a Symbol of Resilience

In the past, the label XRP Army was often used mockingly. Today, it has become a badge of pride and unity. The community that rallied behind Ripple showed that retail investors, when united, can influence billion-dollar courtroom battles.

The market reacted strongly—after Judge Torres’ ruling, XRP jumped from $0.47 to $0.81, a 72% surge. Later, amid speculation around appeals, it even spiked to $3.35 before stabilizing.

At the time of writing, XRP is trading around $2.85, down about 4% in the last 24 hours—but still far above its pre-lawsuit levels.

Conclusion

The Ripple vs. SEC battle will go down as a defining moment not only for Ripple but for the entire crypto community. The XRP Army proved that active communities of investors can reshape the rules of the game—even against one of the most powerful regulators in the world.

#xrp , #XRPArmy , #Ripple , #CryptoNews , #CryptoCommunity

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“