For a while, it seemed like Ripple may not even survive. The firm was flush enough (thank you programmatic sales, bay-bee), but no one knew what would result from what is still, arguably, the most significant regulatory action taken against a crypto company to date. Firms like Telegram and EOS were sued, they settled and were given “slaps on the wrist” (relative to amount of money involved).
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- Source: https://www.coindesk.com/consensus-magazine/2023/10/20/ripple-is-on-a-winning-streak-but-the-game-isnt-yet-won/?utm_medium=referral&utm_source=rss&utm_campaign=headlines