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Ripple Under Fire: Political Donations Divide the XRP Community as SEC Case Still Lingers
While Ripple’s leadership insists that the legal battle with the SEC is behind them, tensions are once again rising—this time not in the courtroom, but across social media. The future of XRP is being hotly debated, and it’s becoming clear that the case has political undertones, sparking strong emotions among token holders.
🎯 Politics Enters Crypto: Ripple Allegedly Backed Harris A user on X (formerly Twitter) stirred controversy by claiming that Ripple and its executives supported Kamala Harris during the 2024 U.S. presidential election while deliberately withholding support from Donald Trump. This allegation has ignited frustration among XRP fans, many of whom are believed to be Trump supporters. The result? A divided community. Some investors have publicly expressed their disappointment and are considering selling off their holdings. One viral post even suggested it would be wise to exit XRP if Bitcoin surpasses $125,000 and XRP reaches $3.50.
🧑⚖️ Legal Perspective: Ripple Lawsuit Filed Under Trump, Not Gensler Former SEC attorney Marc Fagel jumped into the viral debate to set the record straight. He reminded users that the SEC lawsuit against Ripple was filed under Donald Trump’s administration, led by then-SEC Chairman Jay Clayton—not Gary Gensler, who took office several months later. Fagel also clarified that the decision to sue was made weeks before Clayton stepped down, not at the last minute. The intention was likely to avoid procedural delays that could have postponed the case for months until a new chairman was confirmed.
💬 A Divided Community and a Lingering Case Despite Ripple’s public stance that “the case is behind them,” the legal saga continues to stir debate—not just among lawyers but, more importantly, among investors. Political affiliations, the timing of the lawsuit, and the uncertain regulatory landscape in the U.S. form a volatile mix that’s keeping the market on edge.
#SEC , #Ripple , #xrp , #XRPCommunity , #USPolitics
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