Ripple Celebrates Partial Win in Court with Victory Party
Although the legal battle between Ripple and the SEC is ongoing, Ripple decided to host a party to celebrate its partial win in court. After the court ruling, Ripple’s CEO Brad Garlinghouse took to social media to announce a “Victory Party” on September 29. The event has generated mixed reactions within the XRP community.
No Future Outlook Discussed at the Event
The celebration event did not include any discussions about Ripple’s future outlook. It was solely organized to commemorate the partial win. Prior to the party, Garlinghouse had already informed attendees that there would be no major announcements made during the event. However, it is worth noting that Ripple recently changed its plans to acquire Fortress Trust, a financial organization.
A Major Milestone for Ripple and XRP
While the SEC lawsuit against Ripple is still ongoing and there have been talks of a potential settlement, many consider this event as a significant milestone for both Ripple and XRP. Attendees expressed relief and validation that the SEC ruling favored Ripple, even if only partially. The celebration has been seen as a symbolic victory against the regulatory body.
The Ripple Proper Party was amazing!
Thanks Brad G. for the shoutout and truly, “this village beat the bully.”
AND it was amazing to meet so many wonderful XRP people – thank you for the kind words and love. pic.twitter.com/ythPm8Wr1L
— Jeremy Hogan (@attorneyjeremy1) September 30, 2023
Hot Take: Ripple Finds Relief and Validation in Partial Victory Against SEC
Ripple’s celebration of its partial win in court against the SEC has provided the company and the XRP community with a sense of relief and validation. Despite the ongoing lawsuit and high stakes for the broader crypto market, attendees of the Victory Party viewed the ruling as a major milestone. The event served as a symbolic victory against the regulatory body, reinforcing Ripple’s position in the industry. While the future remains uncertain, this partial win has bolstered confidence within the Ripple community.
By
By
By
By
