Advertisement
AD

Main navigation

Ripple To Win and Gary Gensler To Resign in 2023, Crypto YouTuber Shares His Forecast

Advertisement
Mon, 2/01/2023 - 8:40
Ripple To Win and Gary Gensler To Resign in 2023, Crypto YouTuber Shares His Forecast
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Crypto blogger and pro-XRP activist Ben Armstrong, aka BitBoy, shared an extremely optimistic forecast for 2023. While the first part of the prediction dealt directly with Ripple winning its lawsuit against the SEC, which has become a familiar setup in the community, the second part of the prediction was truly surprising.

Advertisement

According to Armstrong, the new year should be the year that the current head of the regulator, Gary Gensler, is forced to step down. Earlier last year, similar calls were made on social media, even before the collapse of the crypto exchange FTX.

Related
XRP and Cardano (ADA) Have Always Been Securities, Crypto Exec Says

Less optimistic forecast

Another pro-XRP activist and crypto lawyer, John Deaton, sees a slightly different picture. He believes the issue will be decided by a judge, without the pretrial settlement that many in the XRP community are hoping for. Such an outcome makes the chances of crypto winning the case more uncertain. Gensler, according to Deaton, is not going to make any concessions at all in the case and admit that XRP is not a security.

Related
SEC vs. Ripple: The Major Highlights and Key Twists of 2022

Such stubbornness could prove to be a serious obstacle to a positive outcome for Ripple and XRP, not to mention Gensler leaving his post. Nevertheless, judging from various predictions, including of those directly involved in the trial, the result should become known in the coming months.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD