2 reactions
Brad Garlinghouse Is 2023's Comeback King With XRP's Win Over SEC
Ripple's co-founder emerged triumphant this year in legal cases with big implications for crypto's future. He couldn't have done it without the XRP Army.
On a rainy Friday night in September, a crowd of thousands filed into Hammerstein Ballroom, the legendary New York concert venue. It's a place that has hosted the Grateful Dead, Jane's Addiction and everyone from David Bowie to Taylor Swift.
But the crowd wasn't here for Taylor Swift. They were here for something far more important. They came for "The Proper Party."
Click here to view and bid on the NFT created by La Vaun. The auction will begin on Monday, Dec. 4, at 12 p.m. ET (17:00 UTC) and ends 24 hours after the first bid is placed. Holders of a Most Influential NFT will receive a Pro Pass ticket to Consensus 2024 in Austin, Texas. To learn more about Consensus, click here .
The party's raison d'être? Months earlier, the CEO of Ripple, Brad Garlinghouse, had promised that if they emerged victorious from the SEC's lawsuit, he would throw a "proper party" to honor and thank the XRP community.
(I had profiled the XRP community , aka "XRP Army" earlier this year. My TLDR takeaway: For years the XRP Army had been reviled by much of the crypto space, but in many ways they had a point and even deserve some overdue respect.)
Garlinghouse had made this promise back in May. He predicted he would be on the right side of the law and the right side of history. And sure enough, on July 13, 2023, U.S. District Judge Analisa Torres ruled that Ripple had not violated securities laws when selling XRP to retail investors. The XRP Army rejoiced. The price of XRP (briefly) doubled. While lawyers continue to debate the exact implications of the ruling, it was widely seen as at least a partial vindication for Ripple, XRP, Garlinghouse, and perhaps the entire crypto space – more on that in a bit.
Read More: https://www.coindesk.com/consensus-magazine/2023/12/04/ripple-xrp-brad-garlinghouse/
Ripple's co-founder emerged triumphant this year in legal cases with big implications for crypto's future. He couldn't have done it without the XRP Army.
On a rainy Friday night in September, a crowd of thousands filed into Hammerstein Ballroom, the legendary New York concert venue. It's a place that has hosted the Grateful Dead, Jane's Addiction and everyone from David Bowie to Taylor Swift.
But the crowd wasn't here for Taylor Swift. They were here for something far more important. They came for "The Proper Party."
Click here to view and bid on the NFT created by La Vaun. The auction will begin on Monday, Dec. 4, at 12 p.m. ET (17:00 UTC) and ends 24 hours after the first bid is placed. Holders of a Most Influential NFT will receive a Pro Pass ticket to Consensus 2024 in Austin, Texas. To learn more about Consensus, click here .
The party's raison d'être? Months earlier, the CEO of Ripple, Brad Garlinghouse, had promised that if they emerged victorious from the SEC's lawsuit, he would throw a "proper party" to honor and thank the XRP community.
(I had profiled the XRP community , aka "XRP Army" earlier this year. My TLDR takeaway: For years the XRP Army had been reviled by much of the crypto space, but in many ways they had a point and even deserve some overdue respect.)
Garlinghouse had made this promise back in May. He predicted he would be on the right side of the law and the right side of history. And sure enough, on July 13, 2023, U.S. District Judge Analisa Torres ruled that Ripple had not violated securities laws when selling XRP to retail investors. The XRP Army rejoiced. The price of XRP (briefly) doubled. While lawyers continue to debate the exact implications of the ruling, it was widely seen as at least a partial vindication for Ripple, XRP, Garlinghouse, and perhaps the entire crypto space – more on that in a bit.
Read More: https://www.coindesk.com/consensus-magazine/2023/12/04/ripple-xrp-brad-garlinghouse/
| 20,000 mlx | |
| 19 | |
| 2 |