a new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculation in the crypto community. The CLO expressed appreciation to Ripple’s General Counsel, Stuart Alderoty, for meeting them and stated that they should meet more often.
In response, Stuart Alderoty thanked him for chatting with their legal team. Following the tweet, two top community advocates supported the strategic meeting, and several others called on Coinbase to re-list XRP on its marketplace.
Ripple and Coinbase Officers Leading The Battle, Deaton
One of the notable reactions to the meeting between Ripple and Coinbase CLOs came from CryptoLaw founder John Deaton.
Deaton is the attorney representing thousands of XRP holders. His response to the tweet was that the photo shows two brave General Counsels leading the frontline into battle. Furthermore, Deaton wrote that he “tipped his cap” to Alderoty and Grewal to pay his respects.
In saying “frontline in the fight,” attorney Deaton reiterates his position that the crypto industry is to fight with the US Securities and Exchange Commission. Notably, the lawyer shared a tweet to that effect in March, call any stakeholder in the industry to meet and share strategic ideas to win the war.
After the recent tweet, the two firms battling the SEC lawsuit may have heeded Deaton’s suggestion.
Another prominent figure that responded until the recent development was Australian-based lawyer Bill Morgan. The lawyer argued that teamwork against a common enemy is the best strategy to win.
However, Morgan went on to say that he does not consider Coinbase to be a friend of XRP holders as it has “stopped secondary market trading on its exchange”.
Crypto users are calling for XRP to be relisted
Other responses to the recent tweet included calls for Coinbase to advertise again XRP. A Twitter user going by Jon Mann, who respondedasked Coinbase to offer XRP again, stating that the meeting is the tag team the Ripple community has been waiting for.
Another XRPcryptowolf user too supported the call claiming that Coinbase should relist XRP if they need Ripple’s help to beat the SEC.
No mention has yet been made of why the parties met. However, the crypto space is still hoping for a favorable summary judgment that will bring regulatory clarity to XRP.
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