[peterth3]

> One significant case the LBRY ruling could impact is the SEC’s suit against Ripple Labs and two of its executives, who have been charged with selling $1.3 billion in unregistered securities. Much like LBRY, Ripple Labs’ defense has hinged on its claim that its native token XRP is not a security.

The precedents being set with these cases will have an enormous ripple effect on crypto and web3 companies.

[smoldesu]

Sounds good to me. Hopefully this action against a largely benign organization will scare the bad actors into doing the right thing.