The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company.
This is a victory for Ripple, the industry and the rule of law. The SEC’s headwinds against the whole of the XRP community are gone.
WHY AM I TALKING ABOUT NFTs, when “NFTs are dead”? Because that was the plan. For the first time, I'll explain the secrets of the “Dead Avatar Project”, what the name meant, what our tokens do now, and why I've dedicated so much to it.
THE @deadavatars THREAD
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We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.