The battle all $XRP holders were waiting for. I’m sure lots of holders will be debating whether to sell off this news... a few
and @bgarlinghouse will have anticipated this decision by @SEC_News for years, in which time they’ve built out an extremely experienced exec team who are poised and ready for this legal battle to commence.
has led a great PR narrative over the last year, pressing hard for reg clarity in the US via media and threatening to up sticks and move @Ripple overseas. Have the SEC played into his plan to force regulatory clarity that may not have otherwise came quick enough?
has shareholders who will expect certain growth in certain timeframes. Has Brad dangled the right carrot to get their attention by talking about leaving the US? Will this suit get legal clarity for $XRP quicker than waiting for industry wide clarity?
If I can work that out, I’m sure he can.
This isn’t just a small startup, it’s a global company with extremely reputable board members, partners and investors, who will also add pressure to the SEC’s case. Take @yoshitaka_kitao in Japan for example.