News View Non-AMP

Ripple vs SEC: XRP Holders Grow Restless, Seek a Quick Resolution from Judge Torres

Published by
Sohrab Khawas

The extended pause in proceedings in the Ripple-SEC legal faceoff has given rise to restlessness among XRP stakeholders. This unsettled sentiment is evidenced by an evolving movement among the community to take a more proactive stance in the proceedings.

Frustration has been mounting following the delay in significant progress, as presided over by Judge Analisa Torres. This delay has taken a toll on the value of Ripple’s digital asset, XRP, causing a 20% depreciation since March 21. What’s next?

A Frustration-Fueled Community

Among the most vocal advocates for a hands-on approach is Rhys K, a known crypto-enthusiast and Twitter user. In a recent tweet directed at renowned cryptocurrency lawyer John Deaton, Rhys K revealed that several community members are considering letter-writing to the judge in an attempt to expedite proceedings.

John Deaton, a well-respected legal figure in the XRP and Ripple community, promptly responded to this call to action with a clear message discouraging any attempts to contact the judge or associated parties in the lawsuit. In his plea to the community, Deaton made it clear that nothing beneficial could come from such actions.

Deaton’s response triggered a flurry of comments from the community, expressing various views on the subject matter.

Read More: Ripple vs SEC: Why is the Summary Judgement Stretching On? Deaton Provides Insights

The Community Chimes In

One community member opined on the complexity of social media, expressing that while many might post drastic suggestions under the guise of humor, the seriousness of such ‘jokes’ might be lost unless the context is abundantly clear.

Others in the community expressed their concerns about the potential consequences of such direct contact with the judge’s office, emphasizing the importance of remaining patient during this crucial waiting period.

The suggestion that anti-XRP parties might already be penning letters to annoy the judge was also made, leading to a shared sentiment that any action, be it encouraging or otherwise, might inadvertently draw unnecessary attention and possibly provoke negative outcomes.

The waiting game, it seems, must continue.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Corporate Bitcoin Adoption Surges as Public Companies Outpace ETFs in BTC Accumulation

Publicly traded companies are steadily becoming major players in Bitcoin accumulation, surpassing even spot ETFs…

May 31, 2025

XRP Set for Big Gains? Experts Predict $10 to $23 Rally by Year-End

XRP could be gearing up for a major breakout. Experts predict that XRP could go…

May 31, 2025

Near Protocol Price Prediction 2025, 2026 – 2030: NEAR Price To Record 2X Surge?

Story Highlights The live price of the Near Protocol token is . Price predictions for…

May 31, 2025

The Graph Price Prediction 2025, 2026 – 2030: Will GRT Price Go Up?

Story Highlights The live price of The Graph crypto is . The Graph price is…

May 31, 2025

Ripple CLO Applauds U.S. Crypto CLARITY Act: ‘Big Step Forward’

The Digital Asset Market Clarity Act of 2025 is making serious waves across the crypto…

May 31, 2025

Crypto Trading Fraud Soars in India and Beyond: MEXC Rings Alarm Bells

A recent report from the crypto exchange MEXC has revealed a worrying trend in fraudulent…

May 31, 2025