The post XRP Army ‘Made a Difference’ in SEC Case Against Ripple, Says Lawyer appeared on BitcoinEthereumNews.com.

In brief Lawyer John Deaton believes that the group known as the XRP Army made a difference in the SEC’s case against Ripple. In 2023, a judge issued a split ruling that XRP sales via public exchanges did not violate securities laws. The legal saga came to a close this August as all appeals were dropped. Deaton said that thousands of affidavits were submitted to the court, and were cited as a reason the judge gave a ruling partially in favor of Ripple. Lawyer and XRP legal advocate John Deaton claims that the XRP Army—a group of online supporters that continued to back the cryptocurrency during its lows—played a role in Ripple successfully concluding its legal battle with the U.S. Securities and Exchange Commission. In an X post, Deaton cited the thousands of affidavits that self-proclaimed XRP Army members wrote and submitted to the court as a reason that Ripple secured a partial win against the regulator in its battle over the security status of XRP. An affidavit is a written statement that can be used as evidence in court. The SEC and Ripple were embroiled in a legal dispute for nearly half a decade, after Ripple and two of its executives were sued in 2020 for the alleged offering of unregistered securities by selling XRP.  No credible person can argue that the XRP Army didn’t make a difference in the Ripple case. If they do they’re either ignorant to the facts and truth or intentionally lying. We have conclusive evidence that we made a difference. There were over 2K exhibits filed in the case. In… https://t.co/WK2MfOb6wS — John E Deaton (@JohnEDeaton1) September 3, 2025 In October 2023, federal district judge Analisa Torres issued a split ruling, stating that XRP sales to institutional investors violated securities laws, but sales on…

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Filed under: News - @ September 5, 2025 1:28 am