Mark Cuban Once Defended Ripple And XRP: Today, The Legal Drama With SEC Is All But Settled, And The Coin Is Sitting On 295% Gains
Posted On July 17, 2025
Billionaire entrepreneur and popular television personality, Mark Cuban, was among the few voices that strongly backed Ripple Labs and XRP (CRYPTO: XRP) during their years-long legal struggle with the SEC.
What happened: In an X post from July 2023, Cuban criticized the agency’s handling of the lawsuit, specifically their assertion that every buyer of XRP is an investor.
“Securities have one purpose, to be a security. For a DeFi or CEX buyer it’s impossible to know why a buyer buys,” the “Shark Tank” host argued.
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