On 30 December 2022, Jeremy Hogan, a companion on the American regulation agency Hogan & Hogan, who has been carefully following and commenting on the U.S. SEC’s lawsuit towards Ripple, defined why he owns $XRP.
As it’s possible you’ll keep in mind, on 22 December 2020, the SEC announced that it had “filed an motion towards Ripple Labs Inc. and two of its executives, who’re additionally vital safety holders, alleging that they raised over $1.3 billion via an unregistered, ongoing digital asset securities providing.”
Hogan instructed his over 248K Twitter followers:
When requested “what stops the CFTC from suing Ripple subsequent”, Hogan replied that “the CFTC would basically need to allege some type of fraud and, even the SEC couldn’t provide you with fraud allegations.”
Hogan went on to say that out of the highest 20 cryptoassets, he feels that solely Bitcoin is secure from the SEC (presumably due to previous feedback by SEC Chair Gary Gensler and his predecessor Jay Clayton):
On 27 December 2022, entrepreneur David Gokhshtein, who’s Founder and Chairman of crypto-focused media outlet Gokhshtein Media, talked about his plans to purchase extra $XRP, the native token of the XRP Ledger (XRPL).
The favored crypto influencer told his practically 700K Twitter followers:
“Alright — very first thing I’m going to ensure to do within the subsequent few days is to have my #crypto belongings so as. Going again to specializing in $BTC and $ETH as my prime dawgs. Then, including extra baggage of $LTC and $XRP. I’ll nonetheless go into meme tokens — threat play but it surely’s cash I can afford to lose.“
It was again in late September 2022 that Gokhshtein first appeared to get enthusiastic about $XRP:
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