Ripple CTO Confirms IPO and SEC Settlement will Be Announced at NYC Party


In light of recent rumors, Binance’s founder and CEO Changpeng Zhao issued a statement.

As Ripple prepares to celebrate its recent legal victory against the U.S. regulator, there have been several rumors that the company will make major announcements to the XRP community.

Interestingly, in a recent Twitter debate, a Ripple official verified the community’s belief. XRPP, a prominent member of the Ripple/XRP community, tweeted a series of hopeful predictions for the next meetup.

The opinion leader speculated that Ripple may soon reveal that its lawsuit against the U.S. Securities and Exchange Commission (SEC) will soon be resolved. He is also expecting Ripple to announce its IPO intentions. In addition, the celebrant was told to expect XRP to surpass its all-time price record of $3.84.

But XRPP’s tweet covered more ground than just budget estimates. He imagined that SEC Chairman Gary Gensler would be dragged kicking and screaming through the streets as the audience chanted “shame” at him. The influencer also made a hilarious prediction about XRPP in a fifth spot.

In light of these promising forecasts, Ripple’s CTO, David Schwartz, has given his word that two of the four eventualities would come to pass. Ripple CEO said, “Only two of those things will happen,” suggesting the other possibilities were unlikely.

The digital currency XRP is now trading at $0.4985, thus it would be exceedingly implausible for it to increase by 670%, to $3.84, in the next three weeks before the party. For instance, after the regulatory triumph, XRP’s price increased by just over 90%.

Furthermore, Ripple is hardly likely to try to hug the SEC’s chairman at the party. If we eliminate one of those two possibilities, the XRP is left with three potential outcomes. So, at the next New York City party, Ripple may reveal its intentions to settle with the SEC or to go public.

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