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Ripple CTO Reacts to SEC's Post-Lawsuit Statements

2025-08-12 07:16:13

Ripple CTO Reacts to SEC's Post-Lawsuit Statements

Main Idea

Ripple's CTO reacts to SEC's post-lawsuit statements with a humorous reference, while XRP's price declines despite the resolution of the legal case.

Key Points

1. Ripple CTO David Schwartz responded to SEC's post-lawsuit statements with a GIF from a British comedy sketch, highlighting the phrase 'A simply super day.'

2. The SEC v. Ripple case has been resolved, with Ripple's chief legal officer thanking SEC Chair Paul Atkins for moving towards clearer regulations.

3. Despite the resolution of the lawsuit, XRP's price dropped by 4%, underperforming other major cryptocurrencies.

4. XRP's price initially surged after the case was resolved but the increase was short-lived, with the current price at $3.15 according to CoinGecko data.

Description

Meanwhile, XRP is having a not-so-super day despite recent statements from SEC officials

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