Crypto researcher Jesse has shared controversial views suggesting that the SEC lawsuit against Ripple may be part of a strategy to suppress XRP's price.
Lawsuit as a Strategic Tool
Jesse, a crypto researcher at Apex Crypto Consulting, claims that the lawsuit against Ripple may not be a pure regulatory dispute but rather part of a strategic plan to keep XRP's price low. He believes this approach allows Ripple to quietly expand its position in the global payments market. According to him, Ripple has entered hundreds of agreements with major financial institutions that have a vested interest in keeping XRP's price down until the company is ready for a full-scale rollout of its technology.
Current Status of Ripple vs SEC Case
The legal process between Ripple and the SEC is nearing conclusion, with both parties waiting for a final ruling on penalties and other unresolved issues. Recently, Ripple CEO Brad Garlinghouse announced that the company would drop its cross-appeal to expedite the resolution of the case.
Conclusions and Expert Opinions
Jesse made it clear that his statements are based on years of research and are not definitive proof of Ripple's intent. His opinion adds a new perspective to the ongoing discussion surrounding Ripple and XRP, highlighting the complexity of the situation and the theories surrounding one of the most closely watched legal battles in the crypto space.
The views expressed underline the multilayered nature of the issue and the ongoing discourse surrounding Ripple's strategies, which may impact XRP's future and its role in global financial systems.
