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Key Takeaways
- Analysts speculate Ripple aims to position XRP as a global reserve currency.
- Legal experts reject the idea of a staged lawsuit, citing standard legal processes.
- Ripple’s banking application and recent legal moves suggest big developments may be on the horizon.
The long-running Ripple vs. SEC case remains one of the most watched legal battles in crypto history. As the lawsuit inches toward its conclusion, fresh speculation is emerging—not just about its outcome, but about Ripple’s broader ambitions.
XRP’s Global Ambitions Spark Conspiracy Theories
Crypto analyst Jesse from Apex Crypto Consulting recently stirred debate by suggesting that Ripple’s endgame could involve transforming XRP into a global reserve currency, possibly replacing legacy financial systems like SWIFT. According to him, Ripple’s deep ties with central banks and institutions like the IMF may hint at a larger coordinated plan.
Jesse further claimed that the SEC lawsuit was a strategic move to keep XRP’s price suppressed while Ripple quietly expands its international footprint. “Ripple is moving forward without significant resistance,” he said, hinting at potential behind-the-scenes cooperation with powerful financial entities.
Legal Experts Dismiss “Staged Lawsuit” Theory
Despite the intrigue, legal professionals are not convinced. Attorney Bill Morgan publicly rejected the notion that the lawsuit was staged, emphasizing that while some recent joint motions appeared weak and caused unnecessary delays, this does not suggest a coordinated effort.
Morgan added that the months-long delay from these motions is frustrating but still within the bounds of typical litigation, not a sign of hidden agendas. Many X users echoed this, arguing that it’s illogical for Ripple to spend years and millions of dollars fighting the SEC just to execute a covert strategy.
Ripple’s Banking Moves Add to Suspicion
Fueling further speculation, Ripple co-founder Arthur Britto made a rare public appearance shortly before Ripple filed for a U.S. banking charter and Federal Reserve master account. The timing raised eyebrows, especially with both Ripple and the SEC now dropping their respective appeals, prompting theories that a major development may be underway.
Also Read: Ripple vs. SEC Lawsuit Concludes: What’s Next for XRP Price and Social Sentiment?
Case Nears End, But Uncertainty Lingers
Despite rumors that the lawsuit could conclude imminently, legal analysts caution that official resolutions take time. Ripple CEO Brad Garlinghouse’s recent announcement that the firm is withdrawing its appeal supports the notion that a final settlement is close.
Attorney Fred Rispoli noted that Ripple’s swift response to Judge Torres’ ruling indicates pre-planned coordination with the SEC, possibly signaling the final chapter of the lawsuit is being written.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
