‘Dedicated’ XRP Community
Former advisor at Ethereum Foundation, Steven Nerayoff, commended the XRP holder community for their unwavering support during challenging times. He specifically referenced the recent Ripple lawsuit, where a US judge ruled that the sale of XRP tokens to retail buyers was not considered securities, resulting in a partial victory for Ripple.
Nerayoff acknowledged that the community had faced regulatory obstacles and praised their resilience. While the SEC’s complaint against Ripple was filed in late 2020, Nerayoff himself had been cleared of criminal extortion charges related to his involvement in an ICO for a startup.
“I am astonished at how you have come together to fight. I have been in more communities than most and never seen such a dedicated yet civil one like XRP.”
The Ethereum Expose
Nerayoff has recently made allegations of corruption within the US Securities and Exchange Commission (SEC) and irregularities surrounding the Ethereum initial coin offering (ICO) in 2014. He claimed to possess records supporting these allegations. Attorney John Deaton, who represents thousands of XRP token holders in the Ripple vs SEC lawsuit, confirmed that he has seen the records mentioned by Nerayoff. The attorney hinted that there may be more revelations to come.
Hot Take: The Resilience of XRP Holders
The XRP holder community has shown remarkable dedication and unity despite facing regulatory challenges and legal battles. Steven Nerayoff, a former advisor at Ethereum Foundation, applauded their commitment to supporting XRP during difficult times. His praise comes in light of a recent ruling that deemed the sale of XRP tokens to retail buyers as not securities, marking a partial win for Ripple in their ongoing lawsuit with the SEC. Nerayoff’s admiration for the XRP community highlights their strength and resilience in the face of adversity.