Home Finance News NYC’s Flash Floods Pose Threat to Ripple’s Major Celebration

NYC’s Flash Floods Pose Threat to Ripple’s Major Celebration

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NYC’s Flash Floods Pose Threat to Ripple’s Major Celebration

Ripple, the cryptocurrency company, is holding a grand celebration in New York City despite the city dealing with severe flooding. The city is currently experiencing relentless rain, causing flash floods and disrupting daily life. Governor Kathy Hochul has declared a state of emergency, advising residents to stay off the roads and remain indoors. However, Ripple remains undeterred in hosting its event, which is intended to celebrate a recent court ruling in July that deemed secondary sales of Ripple-linked XRP cryptocurrency as non-securities.

Despite the severe weather conditions, the XRP community has shown unwavering support for Ripple and remains unfazed by the predicament. Many community members have taken to social media to joke about Ripple’s On-Demand Liquidity (ODL) solution. Tony Edward, the host of the Thinking Crypto Podcast, is among those who have displayed their enthusiasm for the event. While the flooding continues to grip the city, Ripple and its community are determined to proceed with their celebration and showcase their support for the company and its recent court victory.

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