In an unexpected twist in the ongoing saga between Ripple and the U.S. Securities and Exchange Commission (SEC), lawyer John Deaton has credited the XRP Army—a fervent community of Ripple enthusiasts—with making a tangible impact. According to Deaton, thousands of affidavits submitted by XRP supporters have played a pivotal role in the legal battle, helping to bolster Ripple’s position against the regulatory giant. For more insights, see XRP Army made a difference in Ripple’s SEC lawsuit: Crypto lawyer.
Ripple’s Legal Odyssey
Ripple has been embroiled in a high-stakes legal battle with the SEC since December 2020, when the commission filed a lawsuit accusing the company of conducting an unregistered securities offering through its sale of XRP tokens. The case has become a landmark trial in the cryptocurrency world, drawing attention from investors, legal experts, and industry stakeholders alike. The dispute hinges on whether XRP should be classified as a security, a decision that could set significant precedents for other cryptocurrencies.
And here’s where it gets interesting: the XRP Army, a diverse and passionate group of Ripple supporters, has reportedly rallied behind the company with an unexpected show of grassroots support. Deaton, who represents thousands of XRP holders, revealed in a recent statement that the affidavits submitted by these community members have been instrumental in Ripple’s defense strategy. “These aren’t just form letters,” Deaton emphasized. “They’re personal stories, declarations of financial interest, and attestations of belief in XRP’s non-security status.”
An Unprecedented Community Effort
The XRP Army’s involvement in the case has been nothing short of unprecedented. In a world where legal battles are typically fought by high-powered attorneys in sterile courtrooms, this grassroots intervention adds a fascinating layer of complexity. The affidavits reportedly highlight the community’s belief in XRP’s utility and their reliance on its classification as a currency, not a security—a narrative Ripple’s legal team has been keen to amplify.
Ripple’s CEO, Brad Garlinghouse, has acknowledged the XRP Army’s efforts, calling their support “a testament to the power of community in the digital age.” He added that this type of engagement could reshape how companies and regulators interact, especially in the rapidly evolving crypto landscape. For a deeper dive into the regulatory implications, see SEC Receives Filing For XRP Option ETF From $12-B Amplify.
The Ripple Effect on Markets
The implications of this legal showdown extend beyond the courtroom. Ripple’s case against the SEC has become a bellwether for regulatory attitudes towards cryptocurrencies, and any decision could have wide-ranging effects on the market. As of today, XRP’s price hovers around $0.50, reflecting both the uncertainty of the ongoing litigation and the broader market conditions.
Market analysts are divided on what a victory for Ripple might mean. On one hand, a favorable ruling could spur a rally, not just for XRP but potentially for other tokens facing similar regulatory scrutiny. On the other, a loss could lead to increased regulatory crackdowns—a prospect that has some investors on edge.
“There’s a palpable tension in the air,” says crypto analyst Lydia Chen. “Investors are on tenterhooks, waiting to see if the ruling will set a precedent that could either liberate or constrain the industry.”
Looking Ahead
As we head into the final quarter of 2025, the Ripple vs. SEC case remains a focal point for the crypto community. The affidavits submitted by the XRP Army have underscored the role that community activism can play in shaping legal narratives and outcomes. However, questions linger about the broader implications of this case. Will the outcome pave the way for clearer regulations, or will it stifle innovation in the crypto space?
While the final verdict remains elusive, one thing is clear: the XRP Army’s involvement has added an unpredictable—yet undeniably human—element to an otherwise complex legal battle. As Ripple’s case continues to unfold, the world watches with bated breath, wondering what this could mean for the future of digital currencies.
Source
This article is based on: XRP Army ‘Made a Difference’ in SEC Case Against Ripple, Says Lawyer
Further Reading
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
