The XRP community, also known as the XRP Army, is rallying behind Ripple in its ongoing legal battle with the Securities and Exchange Commission (SEC). They’ve launched a petition to protest the SEC’s recent appeal of a court ruling that declared XRP not a security.
XRP Army Speaks Out
The XRP Army, made up of Ripple supporters, XRP investors, and crypto enthusiasts, is furious with the SEC’s actions. They argue that the SEC’s lawsuit against Ripple has been dragging on for almost four years, causing harm to XRP investors and the broader crypto industry.
The petition, which has already garnered thousands of signatures, calls for the SEC to drop its appeal and end the litigation against Ripple. The XRP Army believes the SEC’s actions are frivolous and threaten the future of XRP and the entire crypto space.
SEC’s Appeal: A Threat to Crypto
The XRP Army argues that the SEC’s appeal goes beyond just Ripple. They believe it sets a dangerous precedent for the entire digital asset industry, potentially jeopardizing the future of decentralized finance (DeFi).
The petition criticizes the SEC for failing to protect investors and promote fair growth in the crypto market. Instead, they argue, the SEC has been pursuing a relentless legal battle against Ripple, causing uncertainty and harm.
Join the Fight
The XRP Army is calling on the entire crypto community to support their petition. They believe that by standing together, they can protect the interests of all digital asset enthusiasts and ensure a bright future for DeFi.