XRP Army wants to pressure the SEC through Joe Rogan podcast

In an effort to fight the SEC, the XRP Army is rallying support so that Attorney John Deaton can appear on the Joe Rogan podcast.

Attorney Deaton is a prominent figure in opposing the SEC’s lawsuit against Ripple. He is known for his role through the Amicus Curiae proposal for 65,000 XRP holders, allowing investors the opportunity to voice their opinions in court.

XRP Army continues to attack

The US securities regulator sued Ripple in December 2020, accusing the company of selling $1.3 billion in unregistered securities over seven years.

But before the trial began, the SEC was increasingly showing that it behaved unfairly. The main argument centered on the agency picking winners and losers by treating XRP as a security while letting loose for Ether and Bitcoin.

In it, former acting SEC Director Marc Berger, affiliated with the Enterprise Ethereum Alliance and former SEC Director, William Hinman, once stated that Bitcoin and Ether are not securities.

Hinman now claims this comment is his personal opinion and should not be viewed as legal guidance.

With events related to the two characters above, Attorney Deaton will have an hour-long conversation if he appears on the podcast.

However, for this to happen, the XRP community needs to have enough support from the community to be able to contact the Rogan production team.

Over the years, Rogan, the UFC commentator, has chatted with many of his signature celebrities. He himself has built an engaging, consistent portfolio of content that few can match.

There have been many detractors of Rogan, and while America is politically divided, speaking out in favor of Trump over Biden (in April 2020) has shown him to be a far-right fervor. If this is the strategy the XRP Army is aiming for, they will probably need to put their political differences aside.

Despite losing the number one podcast spot on Spotify, Joe Rogan Experience still reaches 11 million viewers per episode.

Although the SEC is accused of going to war with cryptocurrencies, the agency maintains that the legal action against Ripple is to enforce fundamental safeguards for the market system.

Ripple has an ambition to go public after it has settled the lawsuit with the SEC

Ripple’s largest shareholder – SBI Group believes that Ripple will go public as soon as it settles the lawsuit with the SEC.

Yoshitaka Kitao, the chief executive of Japanese financial giant SBI, stated that Ripple has yet to give up its plan to be listed on a stock exchange despite an ongoing tense legal battle with the SEC.

Kitao says that both Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen are planning to make this bold move.

Kitao says that SBI Group’s investment in Ripple will be successful after Ripple’s successful listing, SBI Group is Ripple’s largest external shareholder. Kitao added that blockchain consortium R3 – another company in the industry actively supported by SBI – will also be listed someday.

Garlinghouse hinted at the event last year, predicting that IPO will become more common in the crypto and blockchain industries.

It can be said, Ripple’s ambitions are completely grounded. Look at how far the company has had a series of legal wins lately. Ripple (XRP) capital inflows from institutions break out, bringing a lot of hope from investors.

However, if Ripple can successfully implement this plan. The journey to conquer the 3 USD price will not be too difficult, even XRP’s glorious 2018 history will be repeated and further in the future.