XRP Price Prediction as Pro-Ripple Lawyer Slams SBF Pardon Talk

This article was first published on The Bit Journal.

John Deaton FTX has returned to the center of attention as questions around legal responsibility resurface during a crucial phase for XRP’s price structure. The situation gained momentum after fresh online activity reignited pardon-related discussions linked to Sam Bankman-Fried.

Meanwhile, XRP is revisiting a previously important price level that may influence its next short-term move. Together, these developments have placed legal trust and market behavior side by side.

What does John Deaton FTX signal in this legal confrontation?

John Deaton FTX captures a forceful response to attempts at reframing the collapse of the exchange. Deaton pushed back on claims that FTX was financially sound before bankruptcy and waved off projections saying it could have climbed to a $78B valuation by 2025.

The comments followed Bankman-Fried’s “10 Myths About Me & FTX” thread on X, where charts were shared to argue the business might have recovered if bankruptcy had not been filed in November 2022. Deaton responded by pointing to court records and creditor losses, saying those facts outweigh models built after the collapse.

Why did Deaton escalate his language against Sam Bankman-Fried?

The language around John Deaton FTX grew sharper when Deaton accused Sam Bankman-Fried of attempting to rewrite the story of the exchange’s collapse. He described the former executive as a “crook, thief, and liar,” and called the asset projections a way to dress up past failures with speculative numbers.

Deaton also questioned why Bankman-Fried’s parents, both Stanford professors, have not faced charges, suggesting the operation was tightly coordinated within the family and relied on retail losses. His remarks came as Bankman-Fried resumed posting online, reigniting discussions around pardons and lobbying.

How do the disputed numbers factor into the credibility debate?

While Bankman-Fried’s models point to growth from a petition-date net asset value near $16.5B to a projected $78B by 2025, Deaton rejected the reasoning behind those figures. He said the charts depend heavily on illiquid tokens that may never have supported real market demand.

Deaton also stressed that such assets often look strong on paper but fail to hold value when tested in real markets. From the John Deaton FTX perspective, confirmed creditor losses and court rulings carry more weight than valuations created after the collapse.

What is happening with XRP at this technical level?

Separate from thelegal debate, XRP recently moved above a descending channel, marking its first clear structural change after weeks of lower highs. The price climbed toward $1.61 before easing back to test the breakout area, with XRP currently trading around $1.32, down 3.14% over the past 24 hours.

If XRP falls back inside the channel, downside risk increases toward $1.30, with $1.10 seen as a wider risk level. Traders say John Deaton FTX headlines may influence mood, but the real signal will come from whether the price can stay above its former resistance.

Could sentiment spill over into short-term price action?

Market participants remain cautious. Analysts say legal commentary usually does not move prices by itself, but debates around credibility can intensify reactions near important levels. 

If XRP holds its support, another move toward $1.61 becomes possible, with $1.90 coming into focus after a clear break. The broader view is that price structure, not narrative, will determine the result, even as John Deaton FTX continues to gain traction across social channels.

Conclusion 

John Deaton FTX closes this episode as a reminder that legal accountability and market psychology can intersect without directly moving prices. Deaton’s dismissal of revised narratives highlights the importance of court-verified facts over hypothetical recoveries.

For XRP, the next move will depend on whether buyers hold $1.30 or push back toward $1.61. While the legal debate provides context, actual price behavior will determine the outcome.

Disclaimer: This article is for informational purposes only and does not constitute investment, legal, or financial advice. Readers should conduct their own research or consult professionals before making any trading or investment decisions.

Glossary 

Sam Bankman-Fried: Former FTX founder convicted after the exchange’s collapse.

FTX: Crypto exchange that went bankrupt in 2022.

Net Asset Value (NAV): Total assets minus total liabilities at a specific time.

Illiquid Tokens: Assets hard to sell without moving price.

Descending Channel: Downtrend pattern with lower highs and lower lows.

Frequently Asked Questions About John Deaton FTX

Why did John Deaton respond to Sam Bankman-Fried?

John Deaton responded because Sam Bankman-Fried suggested FTX could have recovered and grown to $78B.

What is the $78B claim?

The $78B claim says FTX could have reached a $78 billion value by 2025 if it had not collapsed.

Why did Deaton reject the $78B projection?

Deaton rejected it because he believes real court findings and creditor losses matter more than future estimates.

What did Sam Bankman-Fried post online?

He shared a thread called “10 Myths About Me & FTX” with charts defending his actions.

How is XRP connected to this news?

XRP is mentioned because its price is at an important technical level during this legal debate.

What is happening with XRP’s price now?

XRP recently broke above a downward trend but is now testing if it can stay above that level.

Sources:

Cryptonews

Tradingview

Coinmarketcap 

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