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A Pro-Ripple Lawyer Criticizes Sam Bankman-Fried Pardon — Could XRP’s Price Respond?

by Arshi
February 24, 2026
in Latest Crypto News
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Pro-Ripple attorney John Deaton isn’t mincing words.

As speculation grows around a possible pardon for Sam Bankman-Fried, Deaton has firmly rejected what he sees as attempts to rewrite the story of FTX’s collapse. In his view, this isn’t a “what could have been” situation — it’s about what actually happened.

Some online projections claim that if FTX hadn’t imploded in November 2022, the exchange could have grown into a $78 billion net asset giant by 2025. A circulating chart, attributed to SBF, suggests FTX’s assets would have surged alongside the broader crypto market recovery.

Deaton isn’t buying it.

He argues that court findings and real-world creditor losses matter far more than hypothetical models. Especially when those models rely heavily on illiquid tokens that may never have delivered the projected value in the first place.

For Deaton, this is about accountability. He’s pushing back against what he sees as hindsight math that risks softening the impact on retail investors who suffered real losses.

While this debate doesn’t directly affect XRP’s fundamentals, Deaton carries significant influence within the XRP community due to his involvement in the SEC legal battle. His firm, pro-law stance resonates strongly with supporters who prioritize transparency and regulatory accountability.


XRP Price Prediction: A Critical Technical Moment

From a technical perspective, XRP recently broke out of a descending channel — its first meaningful structural shift after weeks of forming lower highs.

That breakout caught attention.

However, instead of accelerating upward, price stalled near $1.61 and has since pulled back to retest the breakout zone. This is where things get interesting.

If XRP falls back inside the channel and starts printing lower highs again, the breakout could turn into a classic fakeout. In that scenario, downside levels around $1.30 come into play, with $1.10 as a broader bearish target.

On the other hand, if XRP holds the former resistance level as support and manages to bounce, the breakout remains technically valid. Holding above the channel keeps the structure intact and makes another push toward $1.61 likely.

If that level is cleared decisively, $1.90 becomes the next upside zone to watch. That kind of move would start to feel like early bull-market momentum — though for now, the market still needs confirmation.


Maxi Doge Emerging as a 2026 Meme Coin Contender?

Not every project is trying to be the next institutional darling.

Maxi Doge ($MAXI) openly admits it has no traditional utility — and that’s part of the pitch. It’s built around narrative momentum, strong meme identity, and high-conviction community positioning.

The idea is simple: when market sentiment rotates away from slower, fundamentals-driven plays and toward high-risk, high-reward speculation, meme coins tend to move fast.

So far, early traction appears solid. The $MAXI presale has reportedly raised around $4.6 million, with staking rewards advertised as high as 68% APY for early participants.

If major altcoins remain technically uncertain, projects like Maxi Doge are positioning themselves for a potential shift in attention — where momentum and narrative drive price action more than fundamentals.

Arshi

Arshi

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