Crypto blogger and pro-XRP activist Ben Armstrong, aka BitBoy, shared an extremely optimistic forecast for 2023. While the first part of the prediction dealt directly with Ripple winning its lawsuit against the SEC, which has become a familiar setup in the community, the second part of the prediction was truly surprising.
2023: The year the $XRP case ends and the Ripple curse is broken.
Also the year @GaryGensler is forced to resign from the @SECGov
According to Armstrong, the new year should be the year that the current head of the regulator, Gary Gensler, is forced to step down. Earlier last year, similar calls were made on social media, even before the collapse of the crypto exchange FTX.
Another pro-XRP activist and crypto lawyer, John Deaton, sees a slightly different picture. He believes the issue will be decided by a judge, without the pretrial settlement that many in the XRP community are hoping for. Such an outcome makes the chances of crypto winning the case more uncertain. Gensler, according to Deaton, is not going to make any concessions at all in the case and admit that XRP is not a security.
Such stubbornness could prove to be a serious obstacle to a positive outcome for Ripple and XRP, not to mention Gensler leaving his post. Nevertheless, judging from various predictions, including of those directly involved in the trial, the result should become known in the coming months.
Financial analyst, trader and crypto enthusiast.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master’s program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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