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Ripple's fight against SEC was sustained by 75,000 XRP holders supporting its leadership through legal battles.

Market News
13 Jul 2026
Coinpaper
View Source
Bullish
Ripple's fight against SEC was sustained by 75,000 XRP holders supporting its leadership through legal battles.

Crypto lawyer John E. Deaton highlighted that over 75,000 XRP holders played a crucial role in supporting Ripple's CEO and Executive Chairman during the SEC's lawsuit from 2020 to 2023. Ripple chose to fight the SEC's charges instead of settling, which helped protect jobs and influenced U.S. crypto regulations. Deaton criticized the SEC's aggressive tactics, including targeting Ripple's executives to pressure a settlement, despite no fraud allegations. The case became a significant battle over regulatory overreach, with Ripple's leadership and community support preserving the company's future and shaping crypto regulation in the U.S.

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