Wednesday, November 30, 2022
HomeCrypto NewsMarket71,225 XRP Holders Now Stand With Ripple Against SEC, Deaton Says All XRP...

71,225 XRP Holders Now Stand With Ripple Against SEC, Deaton Says All XRP Investors Are Leaders Of XRPArmy

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The Amici attorney has commended XRP investors for their collaboration toward Ripple’s legal battle against the SEC. 

Attorney John Deaton, Amici’s attorney in Ripple vs. SEC lawsuit, has commended XRP holders for their unwavering support for the Silicon Valley tech company. 

In a tweet today, attorney Deaton referred to XRP holders as the leader of the XRPArmy, supporters of the Ripple project. 

XRP Holders Collaborate to Help Ripple

This came after Ripple’s enthusiasts, led by one Ashley Prosper, came together to respond to the SEC FOIA office regarding communications between JPMorgan and the Commission about Ripple. 

Prosper had initially received a response to his FOIA request from the SEC about the subject. However, he sought recommendations about the names of JPMorgan staff from the XRP community that should be added to his response. 

After receiving replies, Prosper was able to file his response to the SEC. 

Amused by the collaboration among XRP enthusiasts and their quest to support Ripple in the ongoing lawsuit, attorney Deaton said: 

“More proof that we are all the leaders of the XRPArmy.” 


XRP Investor’s Continuous Support for Ripple in the SEC Lawsuit

Members of the XRP community have solidly stood behind Ripple following its lawsuit with the Securities and Exchange Commission (SEC). 

Supporters of the Ripple project, referred to as XRPArmy, have been identifying loopholes on the part of the SEC, which could be useful to the blockchain company in the lawsuit. 

Aside from conducting private analysis of vital documents, XRP holders are rapidly joining the lawsuit via a class action filed by attorney Deaton against the SEC. 

According to attorney Deaton, there are now a total of 71,225 XRP holders who have joined the class action against the SEC

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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