Ripple’s Lawsuit Drama: Will XRP Ever Get a Break? đŸ€”

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So, here we are, folks. It’s 2023, and we’re still talking about this Ripple and SEC lawsuit like it’s some never-ending soap opera. I mean, come on! Bill Morgan, the pro-crypto lawyer, is out there saying that this whole mess is just going to keep dragging XRP down. Shocking, right? 😒

XRP price in crosshairs

Since the SEC decided to play hardball back in December 2020, Ripple Labs has been like a piñata at a kid’s birthday party—everyone’s taking swings, and XRP is just hanging there, waiting for someone to break it open. Bill Morgan says, “The continuing uncertainty about the end or continuation of SEC v Ripple appeal will eventually increasingly exert a negative pressure on XRP price.” Wow, thanks for the insight, Bill! 🙄

As the weeks and months pass, I increasingly wonder whether despite all the rumours of a settlement, the continuing uncertainty about the end or continuation of SEC v Ripple appeal will eventually increasingly exert a negative pressure on XRP price.

— bill morgan (@Belisarius2020) March 18, 2025

Right now, XRP is down 1.67% in 24 hours, sitting at a whopping $2.29. It’s like watching your favorite team lose every game—disheartening! Sure, it had a breakout recently, but let’s be real, it’s still below what everyone thought it would be. If this lawsuit wasn’t hanging over its head like a dark cloud, XRP could’ve been the heavyweight champion of digital currencies! đŸ„Š

But here we are, waiting with bated breath to see if this coin can finally rise. Some people are optimistic, while others are like, “Hey, don’t get your hopes up! This lawsuit-induced rally could be as short-lived as my New Year’s resolutions.” 😂

Ripple lawsuit end imminent

Now, let’s talk about the new SEC President, Mark Uyeda. Since he took office in January, he’s been shaking things up like a snow globe. He’s ended the lawsuit against Coinbase, and suddenly, it feels like the SEC is playing nice with other crypto firms too. Uniswap, Robinhood Crypto, Kraken—everyone’s getting a pass! What’s next, a group hug? đŸ€—

Experts are saying that the end of the Ripple and SEC brawl is on the horizon. But, of course, nobody knows when. It’s like waiting for a bus that’s always late. A recent report suggests that both sides are trying to hammer out a settlement, so we don’t have to deal with more legal drama. Fingers crossed! đŸ€ž

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2025-03-18 12:35