The post Was Ripple Vs SEC’s Outcome Pre Planned Long Ago? What Exactly Was Their Main Goal? appeared first on Coinpedia Fintech News
Vandell Aljarrah, co-founder of the Black Swan Capitalist, sat down for a conversation with Edo Farina. Vandell was asked about his expectations for the SEC lawsuit and the brief spike in XRP’s price that followed the recent court decision. He said that after a 20% surge, the price quickly retraced, returning to previous levels.
He attributed this to ongoing market manipulation, suggesting that despite the fluctuations, the fundamentals of XRP remain strong. Vandell said that the SEC lawsuit, which has dragged on for a long time, is part of a broader plan. He believes the outcome has been pre-planned, with heavy price suppression and manipulation being part of the strategy.
Vandell addressed the connections between Ripple and government agencies, stating that it’s suspicious but not surprising. From the beginning, Ripple’s executives made it clear that the XRP Ledger was designed for institutions. Given the history of financial institutions, especially central banks, he argued that their main goal is to maintain control, minimize risk, and maximize profit.
Vandell also pointed out that XRP has continued to grow, developing relationships with central banks and financial institutions. He remains confident in XRP’s long-term potential, stating that despite the legal battles and price volatility, XRP has been strategically positioned for a significant role in the new financial system.
He added that the narrative being pushed about XRP is misleading. After the SEC lawsuit was announced, retail investors panicked and sold their XRP, while the largest wallets—those in the top 0.1%—were actively buying up as much XRP as possible. According to Vandell, XRP has been the most manipulated digital asset he’s seen since he started in crypto in 2007, with repeated sell-offs aimed at discouraging retail investors while large players quietly accumulate.
