Ripple vs. SEC: Insights from Jesse of Apex Crypto Consulting

A crypto expert, Jesse from Apex Crypto Consulting, recently discussed the Ripple vs. SEC lawsuit. After spending over 9,000 hours researching Ripple and the global financial system, Jesse shared his insights and said the lawsuit might not be what it seems.

According to Jesse, the legal battle between Ripple and the SEC is more like a carefully planned show. He believes it’s being used to control XRP’s price and allow Ripple to quietly build strong partnerships worldwide.

Jesse explained that, in his view, Ripple isn’t just an ordinary crypto company; it is closely connected to powerful global financial groups like central banks and the IMF. He opines that Ripple’s long-term goal is to make XRP a global reserve currency that can replace traditional payment systems like SWIFT.

He also pointed out that, historically, leaders who attempted to change the global money system faced major consequences. However, Ripple continues to grow without any apparent obstacles, which leads him to believe they might be collaborating with the most powerful financial entities worldwide.

On the lawsuit itself, Jesse claimed it serves multiple purposes. One purpose is to keep XRP’s price lower for longer, allowing Ripple to negotiate deals with partners and build a global payments network quietly. He added that evidence suggests Ripple has signed hundreds of NDAs and agreements with financial institutions, which benefit from lower XRP prices until a potential future price surge.

However, Jesse clarified that these views are his personal opinions based on years of research.

Where the Lawsuit Stands Now

Currently, the Ripple vs. SEC case is in its final stage. Both sides are awaiting the court’s decision on penalties and other final details. Recently, Ripple CEO Brad Garlinghouse announced that the company is dropping its cross-appeal, potentially speeding up the conclusion of this long-running case.