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XRP Community Joins Ripple’s Christmas Celebration: Report

Published 12/25/2023, 03:54 PM
Updated 12/25/2023, 04:15 PM
© Reuters.  XRP Community Joins Ripple’s Christmas Celebration: Report
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  • Ripple Labs celebrates Christmas, adding to the delight of its landmark victory against the SEC.
  • The platform shared its greetings and gratitude to the XRP community.
  • John Deaton acknowledged the 75K XRP holders who joined him in his fight against the SEC.

Ripple Labs has made the crypto community merry on the grand Christmas Day, reflecting on the platform’s victorious journey over the past months. While 2023 comes to an end and 2024 approaches, Ripple emerges successful and compliant with regulations, sharing gratitude with the whole community.

Ripple Christmas Celebration

Tracing back to December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, accusing the platform and its key executives of being involved in “conducting $1.3 billion unregistered security offerings.” However, following long struggles, Ripple secured a landmark victory against the regulators in July 2023, when Judge Analisa Torres concluded Ripple’s XRP was a non-security.

In October, the SEC dropped charges against Ripple CEO Brad Garlinghouse and Co-Founder Chris Larsen, adding an…

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