Wednesday, November 13, 2024
HomeCryptocurrencyFox Journalist Spots Ripple Billboards Around SEC Headquarters, XRP Community Reacts

Fox Journalist Spots Ripple Billboards Around SEC Headquarters, XRP Community Reacts

In the latest development, Eleanor Terrett, a Fox Business journalist, took to Twitter to draw the attention of her 78.3k followers to Ripple’s billboards, which were positioned in the least-expected spot, considering the pending SEC versus Ripple lawsuit.

Intriguingly, Ripple’s billboard with the caption “We’re building a better future for finance. Are you?” was placed right opposite the United States Securities and Exchange Commission (SEC) office entrance.

Read Also: Stage Is Being Set For XRP as NYC World Trade Center Platform Displays Ripple and Its Utility

Eleanor Terrett tweeted, “There are a couple of Ripple billboards up here in Union Station. I made reference to them in my article from March. However, this one, which is right opposite the entrance to the SEC says “We’re building a better future for finance. Are you?”

Following Terrett’s discovery, Washington DC’s iconic Union Station seemed to grab more attention than usual, especially from crypto enthusiasts and followers of developments revolving around the Silicon Valley company Ripple.

What Could Prompt Ripple’s Billboard Placement Location?

With the summary judgment of the Ripple-SEC lawsuit in sight, Ripple’s decision to place its billboard directly opposite the SEC’s office entrance was the last move the crypto community anticipated, igniting the curiosity of crypto enthusiasts, especially the XRP community members.

Whatever might have motivated Ripple’s latest move is still unknown to the XRP community members, who could only speculate on what could have prompted Ripple’s decision.

Meanwhile, the Fox Business Journalist referenced her former article, where she spotlighted an observable blue billboard from Ripple with the caption, “Crypto Means Business.”

Read Also: Ripple Co-Founder Jed McCaleb Now Has Less Than 50 XRP. Here’s His Wallet Balance

John Deaton Tags Ripple’s Billboards Placement As Mere Coincidence

John Deaton, founder of Crypto-Law.us and managing partner of the Deaton law firm, debunked Terrett’s claims of intentionality in Ripple’s billboard placement location. Deaton dismissed the notion of intent to stir comments and reactions from crypto enthusiasts in his response to Eleanor’s tweet.

In response to Terrett’s assertion, Deaton tagged Stuart Alderoty, Ripple’s Chief Legal Officer, David Schwartz, Chief Technology Officer (CTO) at Ripple, and Brad Garlinghouse, Ripple’s Chief Executive Officer (CEO), noting that these set of individuals are probably not aware of the existence of Ripple billboards in such a controversial location, insinuating that it was merely a coincidence.

Howbeit, considering the protracted legal battle between Ripple and the U.S. SEC, controversies like the one covered in this news article are bound to arise even when there are no motives behind such moves.


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Chinedu Agbakwusi
Chinedu Agbakwusi
Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.
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