[newguy1234]

Interestingly enough, back in the day when ripple was first starting it was heavily promoted by the wall street crowd as being superior to bitcoin because it was "regulated". The logic was that ripple could better be incorporated into the traditional financial system because it would be easier to allow for know your customer and anti-money laundering compliance.

As someone who is a huge supporter of decentralized/unregulated crypto like BTC, I am just laughing my butt off watching the SEC rip ripple to pieces like this. Hope it shuts down.

[MattGaiser]

I worked in banking innovation back in 2017 and yep, that was very much the sentiment. The bank I worked for was willing to work with Ripple.