Crypto Tank (@Tank2033js), an influential participant in the XRP community on the X network, recently spoke out about the situation surrounding XRP, assuring the community of the cryptocurrency's stability despite the uncertainty.
Crypto Tank emphasized that the SEC's actions did not affect interest in XRP from significant international players such as BRICS countries and Japan. He stated that these countries continue to adopt XRP regardless of the ongoing legal battles. "The SEC appeal will change nothing. BRICS and Japan are continuing to adopt XRP, and they are not concerned about the lawsuit," he noted, underscoring the key role of XRP in the emerging financial system.
Crypto Tank also recalled previous statements by Ripple CEO Brad Garlinghouse, who called XRP the heart of the new financial system.
The situation with XRP became complicated after the Securities and Exchange Commission (SEC) filed a notice of appeal against the final court decision in the Ripple case. In July 2023, Judge Analisa Torres ruled that XRP is not a security, marking an important victory for Ripple. However, the SEC plans to challenge certain aspects of this decision, focusing on the issue of classifying non-institutional token sales as securities.
Despite this, Crypto Tank continues to instill confidence in the community, pointing to the sustained interest in XRP from international organizations, particularly BRICS countries and Japan.
