David Schwartz, Ripple’s Chief Technology Officer (CTO), has confirmed that there will be major announcements at the upcoming lawsuit victory party in New York City. These announcements could be something big about the anticipated Initial Public Offering (IPO) and a settlement with the SEC.
With the long overdue party for Ripple’s victory over the U.S. Securities and Exchange Commission (SEC) around the corner, a lot of XRP community members have been expecting to hear a major announcement from the crypto juggernaut.
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A notable member of the XRP community, XRPP (@XRP_Productions), recently made some predictions in a post on X. These predictions were;
- A full settlement with the SEC
- An announcement of an IPO
- XRP going past its all-time high during the party
- Gary Gensler gets marched through the crowd naked as everyone yells, “SHAME.”
- XRPP doing Jell-O shots with B-Rad
The post, which expectedly went viral, caught the attention of notable personalities in the XRP community, including David Schwartz, the CTO at Ripple.
In response to the speculation, Schwartz replied that only two things on the list would happen. Seeing that the first two predictions are the only ones that Ripple can promise to fulfill, it is safe to assume that those are the upcoming major announcements.
Only two of those things will happen.
— David "JoelKatz" Schwartz (@JoelKatz) September 6, 2023
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As for the third one, XRP is currently trading at $0.4997 and for it to get to $3.84, it will have to jump by over 668%. This doesn’t seem likely in the next few weeks. There’s also a 0% chance that Gary Gensler, the chairman of the SEC will get paraded naked at the Ripple party.
For the final prediction, if XRPP can get that done I’m sure he’ll be happy but it doesn’t seem like David Schwartz can confirm that. That brings us back to the first two predictions.
Although the community is having a lot of fun with their replies, the general belief is that Schwartz has confirmed these two big things. It will be nice to see what the settlement with the SEC will entail after all the damage the lawsuit has caused for XRP. It will also be interesting to see what the future holds for Ripple after an IPO.
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