A recent release suggests that Pantera CEO Dan Morehead may have predicted the impact of a Ripple victory long before it occurred.
Ripple Victory: A “Positive Black Swan”
Speaking at the Bloomberg Invest Panel, held back in June, Morehead was quizzed about what “black swans” the world should expect next, considering that we had just recently experienced a pandemic, complete shutdown, and financial crisis due to the pandemic.
Morehead responded and stated that we already had the “massive shoes drop last year,” most likely in reference to the events surrounding the collapse of prominent crypto firms like FTX, Three Arrows Capital (3AC), Terra, and BlockFi.
However, while Morehead believed the worst had happened, he noted that the regulatory clarity was something that no one in the crypto community was expecting but could happen soon.
He stated how that could happen and highlighted the three-year ongoing lawsuit between the SEC and Ripple Labs as one of the ways.
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