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Coinbase CEO Displays Support For Ripple and XRP While It Battles SEC

Coinbase

Coinbase CEO Brian Armstrong shows support for Ripple in its fight against the U.S. Securities and Exchange Commission.

Furthermore, Coinbase CEO Armstrong males series of tweets, noting the company’s case is seemingly going
“better than expected.”

More so, Armstrong says that attacking the crypto industry and hurting investors is “politically unpopular.”

So, Coinbase CEO goes on to say.
“The irony is that the people they are supposedly protecting are the ones attacking them.”


Coinbase CEO Recent Tweets Looks Like XRP Relisting Is Imminent


Furthermore, Coinbase CEO Armstrong’s tweets brings rumors about potentially relisting XRP.

Recall, in Jan 19, The exchange halts XRP trading after the SEC’s lawsuit against Ripple. Which of course, causes a massive price drop for XRP.

Notwithstanding, XRP is still strong, tripling in value since its lawsuit. As crypto mogul Mike Novogratz recently notes:

“The value of $XRP has actually almost tripled since the SEC actions. It hasn’t plummeted…”
“It’s a testament to the fact that once communities are…”
“formed with shared interest they are damn resilient.
https://t.co/0IPcd8wyuN
— Mike Novogratz (@novogratz) October 17, 2021

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