- Ripple organized the Proper Party to celebrate the platform’s victory over the SEC.
- The CEO, Brad Garlinghouse, acknowledged the efforts of significant figures whose contributions were remarkable.
- The key contributors included Stuart Alderoty, David Schwartz, John E. Deaton, Jeremy Hogan, Deborah McCrimmon, etc.
In an enthralling move to celebrate Ripple’s landmark victory over the Securities and Exchange Commission (SEC) in the protracted legal saga, the platform organized Proper Party, convoking Ripple employees and the members of the XRP Army. Ripple CEO Brad Garlinghouse, acknowledging the crucial contribution of the XRP community, reiterated that they “deserved a ton of recognition.”
In July 2023, with the U.S. District Judge Analisa Torres ruling that stated XRP as a non-security, Ripple boasted a phenomenal win in their struggle against regulatory hazards. While the CEO has been overwhelmed with the “unequivocal win for Ripple,” on August 28, the company announced its plans to host a success party- the proper victory party.
Garlinghouse took to X (formerly Twitter) to proclaim the long-anticipated Proper Party. Following his announcement, the mesmerizing event took place in New York City on September 29, with the participation of a massive crowd.
During the party, Garlinghouse appreciated every XRP community member’s efforts, acknowledging their distinct role in Ripple’s victory. He shared his immense gratitude to the Chief Legal Officer Stuart Alderoty, calling him a “rock.” While addressing the renowned XRP advocate John Deaton’s endeavor, the title given to him was “a ray of sunshine.”
Others who received the token of appreciation include Ripple’s Vice President of Litigation and Employment, Deborah McCrimmon, Ripple CTO David Schwartz, XRP attorney Jeremy Hogan, and many more. Finally, addressing the whole gathering, Garlinghouse exclaimed, “One thing I think we all learned is that it does take a village to fight a bully and this village beat the bully!”.
Confirming speculations, the Proper Party succeeded as a testament to Ripple’s resilience amidst regulatory insecurities and the crypto community’s strength. While the event ended grand, the crypto community looks forward to further groundbreaking moves.
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