Ripple Has Not Yet Achieved Victory in SEC Case: Warning from Expert!

Published 13/02/2024, 17:09
Ripple Has Not Yet Achieved Victory in SEC Case: Warning from Expert!
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  • Haynes explicitly stated that Ripple has not yet achieved a definitive victory.
  • While Ripple has proclaimed a victory, the court has not yet had the final say.
  • SEC has appealed the court’s decision on XRP, and a response is awaited.

Even though no final decision has been made in the case between Ripple and the SEC since December 2021, people in the cryptocurrency community still claim that Ripple (XRP) may win the battle. In this context, the founder of Equity Crowdfunding platform Seedstarter, Jesse Hynes, addressed and expounded on the conclusion of the Ripple and SEC case in his latest statement.

Jesse Haynes opposes rumors and expectations in the Ripple community, emphasizing that the outcome of the case cannot be leaked. Haynes emphasizes that if such information were leaked, it would likely not be true and could be a move for leverage in the ongoing negotiations.

Haynes says that any rumor is nonsense until a final result is obtained and therefore cannot be trusted. It is worth noting that Jesse Haynes dismisses Ripple rejoicing over the court ruling claiming that the XRP token may be security. The SEC later appealed the court’s XRP decision, but no final result has been reached yet.

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