Media Strategy of Ripple and Challenges Around XRP in Legal Domain

user avatar

by Giorgi Kostiuk

2 years ago

Ripple's CTO David Schwartz shared insights on the company's media strategy during their three-year legal battle with the SEC. Ripple secured a partial victory, establishing that XRP is not a security.

Ripple's Legal Battle Outcome with SEC

The court concluded that XRP is not a security, but the company was fined for selling coins to institutional clients. This decision has significant implications for the company and the crypto market.

Media Strategy and Community Role

Schwartz talked about the challenges Ripple faced in dealing with false information about XRP during the lawsuit. He mentioned that the company couldn’t directly challenge false stories due to legal and strategic limits, relying on the 'XRP Army' community to spread accurate information.

We definitely had our internal views of who was being positive and constructive and who was spreading nonsense, and, at least from what I saw, tried to avoid any amplification of those who were spouting nonsense.David 'JoelKatz' Schwartz

Dangers of False Information Spread

Schwartz noted that Ripple tried not to amplify unverified claims or individuals deliberately spreading misinformation. However, he admitted that this approach might have had the opposite effect, as ignoring inaccuracies sometimes gave them more credibility.

The court's decision clarified XRP's status, impacting both Ripple and the broader crypto industry. It highlighted the importance of effective information management and the community's role in supporting the company's positive image.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Electrum Wallet Faces Security Threat from Fake Pending Payments

Electrum, one of Bitcoin's oldest software wallets, has published a security advisory detailing a vulnerability that has been exploited by attackers, allowing fake pending payments to be displayed in the wallet.

user avatarMaya Lundqvist

Upcoming Economic Announcements Expected to Influence Markets

Key economic announcements are scheduled for the upcoming week, which may impact financial markets.

user avatarLeo van der Veen

US Evacuates Personnel Amid Rising Tensions in the Middle East

The US is rapidly evacuating personnel from embassies and military bases in the Middle East due to increased threats from Iran.

user avatarLi Weicheng

Strategys Share Repurchases Reach $385.5 Million

Strategy has repurchased approximately $385.5 million of its preferred stock, focusing on STRC shares during the period from October 5 to 18, 2026.

user avatarTenzin Dorje

Shareholders to Vote on Daily Dividend Payments

Strategy is seeking shareholder approval to make dividend payments on its four preferred securities more frequent, proposing that every calendar day would become a record date.

user avatarBayarjavkhlan Ganbaatar

Strategys Common Shares Outperform Preferred Securities

Strategy's common shares returned 774 between June 26 and October 23, 2026, outperforming four of the company's preferred securities.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.