In conclusion, $770 million is NOT going to be $770 million, but something much less.
I hope you have a better understanding of the main "damage" issues.
Now excuse me while I go back to researching restaurants with the best chocolate fondue.
Don't sleep on the "Blue Sky" defense against the SEC.
Coinbase starts off with it in its 12(c) reply brief (where you generally put your strongest argument).
When/if Ripple appeals, this will be first and foremost in its argument, and a win on this defense would be HUGE.