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Apex Crypto Insights analyst Jesse believes that the United States Securities and Exchange Commission (SEC) lawsuit against Ripple Labs may be a "coordinated scheme" designed to suppress XRP's price in order to buy time for establishing partnerships with institutional investors. He now estimates that the probability of the lawsuit being purely regulatory in nature is only 20%, citing recently exposed documents that suggest the SEC's deliberate intent to target XRP. The intent and impact of this case remain topics of ongoing debate.