on how the S.E.C. suing @Ripple might ironically benefit @Ripple and the value of $XRP in the long term

1/ In December of 2020 the S.E.C. announced that they were suing @Ripple, claiming that $XRP was a security, and they held an "Unregistered Securities Offering" through selling $XRP.

2/ Shortly after Tetragon (the lead investor in @Ripple's previous Dec 2019 $200M round of funding) soon also sued in attempts to recoup their investment due to a clause in the investment contract saying that if $XRP was deemed a security, they could withdraw their investment.

3/ @Ripple claimed $XRP was not deemed a security officially yet, and they ended up winning this legal suit, holding onto Tetragon's investment. The ironic bit is the investment Tetragon attempted to withdraw from @Ripple has since multiplied in value 9x.

4/ A week ago, a judge granted @Ripple access to internal records at the S.E.C. for how they discussed and evaluated $XRP in comparison to $BTC and $ETH.

5/ One of @Ripple's longest held frustrations was not the regulatory stance of the U.S. Gov on digital currencies, it was the LACK of a stance in its entirety. To the point that even before this S.E.C. suit they considered relocating to a country with a clear regulatory framework

6/ If @Ripple continues to win these incremental legal battles, it would minimize FUD around $XRP, and help @Ripple gain the long desired regulatory clarity they have been seeking. Further comforting investors with investing in them & the $XRP ecosystem.

7/ Disclaimer: I currently hold no XRP. When @Ripple acquired my first company part of the compensation was in XRP and my baboon self sold it at what would be a 90% discount today.