The post Was the Ripple Lawsuit Designed to Keep XRP’s Price Down? 9,000-Hour XRP Researcher Speaks appeared first on Coinpedia Fintech News
A crypto expert, Jesse from Apex Crypto Consulting, recently discussed the Ripple vs. SEC lawsuit. After spending over 9,000 hours researching Ripple and the global financial system, Jesse shared his thoughts and said the lawsuit might not be what it seems.
According to Jesse, the legal battle between Ripple and the SEC is more like a carefully planned show. He feels it’s being used to control XRP’s price and allow Ripple to quietly build strong partnerships around the world.
Jesse explained that in his view, Ripple isn’t just an ordinary crypto company and it is closely connected to powerful global financial groups like central banks and the IMF. In his opinion, Ripple’s long-term goal is to make XRP a global reserve currency that can replace traditional payment systems like SWIFT.
He also pointed out that, in history, leaders who tried to change the global money system even slightly faced major consequences. But Ripple continues to grow without anyone stopping them, which makes him believe they might be working alongside the biggest financial powers in the world.
On the lawsuit itself, Jesse claimed it serves multiple purposes. One, he said, is to keep XRP’s price lower for longer, allowing Ripple to strike deals with partners and build a global payments network quietly. He added that there’s evidence Ripple has signed hundreds of NDAs and agreements with financial institutions, which benefit from lower XRP prices until a possible future price surge.
However, Jesse made it clear that these are his personal opinions based on years of research.
Where the Lawsuit Stands Now
At the moment, the Ripple vs. SEC case is in its final stage. Both sides are waiting for the court to decide on penalties and other final details. Recently, Ripple CEO Brad Garlinghouse announced that the company is dropping its cross-appeal, which could help speed up the end of this long-running case.