2020 / 2021 have been and already are interesting times. If it is not XRP that is giving us the good times, it is and has been all the news around. Lawsuits are popping up left and right and every single day there is news, good / bad, there is news.

In the beginning of January the XRP investor got another scary story to read: Tetragon, a lead investor in Ripple's 2019 Series C funding round, sued the company.

This of course was a domino effect; it was the second domino, the first one being the Securities and Exchange Commission, which sued Ripple in December 2020 for allegedly conducting an unregistered offering of $1.3 billion in XRP between 2013 and 2020.

It is never good if one of your investors is suing you, but

was Tetragon not jumping the gun ! ! !

Was it a mandatory thing to do, or where they just: DEAD RIGHT or DEAD WRONG ! ! !

The lawsuit by Tetragon, in my opinion, has one purpose, and one purpose only:

BLOWING UP THE CASE

The SEC vs. Ripple needs to set precedent for all the crypto/ digital asset/ crypto currencies in the industry. Whether it started out to be one and changed in another, possible IMO, this has to be looked at and be used as the Standard ! ! !

Well, Ripple's initial reaction:

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Clear short statement I would say, that also seems to be a mandatory message, action, action reaction ! ! !

This morning (European Time), I saw a Tweet in my Twitter Timeline written by Stuart Alderoty:

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In Capital Letters Quoting Mr. Stuart Alderoty :

“the Judge ruled that since there has been no official determination regarding XRP’s status, Tetragon’s claim that a securities default occurred is wrong”

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This is supposed to be NO NEWS, I know, that XRP is not a security, but as a reaction to the lawsuit, THIS IS NEWS ! ! !

Mentioned before, I think this whole situation can be summed up in a nice picture that also shows in the header:

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STAY SAFE ! ! !

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