XRP News Today: Ripple Lawsuit May Be Strategic Move To Suppress XRP Price

Jesse, a crypto researcher at Apex Crypto Consulting, has dedicated over 9,000 hours to studying Ripple and the global financial system. He has proposed a controversial theory regarding the ongoing lawsuit between Ripple and the Securities and Exchange Commission (SEC). Jesse suggests that the lawsuit may not be a straightforward regulatory dispute but rather a strategic maneuver to suppress the price of XRP, Ripple's native cryptocurrency. This suppression, according to Jesse, is intended to allow Ripple to strengthen its global financial ties and expand its partnerships with major financial institutions, including central banks and the International Monetary Fund, without drawing excessive market attention.

Jesse's analysis posits that Ripple is not merely a private crypto company but one with significant connections to influential financial entities. He believes that Ripple's long-term goal is to position XRP as a global reserve currency, aiming to replace outdated cross-border payment mechanisms such as SWIFT. The protracted legal proceedings, Jesse argues, serve as a "carefully planned show" that enables Ripple to pursue these ambitions quietly. By maintaining a low-profile, low-price environment for XRP, Ripple can forge partnerships and expand globally without attracting undue market scrutiny.

The researcher points out that Ripple has entered into hundreds of agreements and non-disclosure arrangements with major financial institutions. These institutions, Jesse suggests, have a vested interest in keeping the price of XRP low until Ripple is ready to implement a full-scale rollout of its technology. Historical patterns, he notes, indicate that entities challenging the existing monetary order often face strong opposition. However, Ripple's continued expansion without significant obstacles from global authorities suggests that the company is aligned with powerful players in the financial sector rather than working against them.

Jesse's statements are based on his extensive research and are not presented as definitive proof of Ripple's intentions. The legal case between Ripple and the SEC is nearing its conclusion, with the two parties awaiting a final ruling on penalties and other unresolved matters. Recently, Ripple CEO Brad Garlinghouse announced that the company would drop its cross-appeal, a move intended to expedite the resolution of the litigation. Jesse's comments add another layer of perspective to the ongoing discussion surrounding Ripple, XRP, and the broader implications of the case. His suggestion that the lawsuit has been used strategically to keep XRP undervalued while Ripple establishes a foundation for a new global payments infrastructure remains his interpretation. Nonetheless, his analysis underscores the complexity of the situation and the theories that continue to surround one of the most closely watched legal battles in the crypto space.