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Here's the link: httpsps://www.sec.gov/Archives/edgar/data/1048702/000119312521047532/d119950dex9928p7.htm Search keywords "xrp" or "cryptocurrencies" to find the relevant section.

Guys, Below is your September 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, September 6, 2020, there appears to be three (3) open or active cases Ripple Labs, Inc is involved with and litigating. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripple, Jed McCaleb, Stellar (closed) 5.) 2016 - Ripple v. Pixel Labs (closed) 6.) 2017 - R3 v. Ripple (Delaware) (closed) 7.) 2017 - Ripple and XRP II v. R3 (California) (closed) 8.) 2017 - R3 v. Ripple (New York) (closed) 9.) 2017 - Tony Petrucci v. Ripple (closed) 10.) 2018 - Ryan Coffey v. Ripple, XRP II and Bradley Garlinghouse (California) (closed) 11.) 2018 - Ryan Coffey v. Ripple, XRP II and Bradley Garlinghouse (U.S. Federal Court) (closed) 12.) 2018 - Zakinov v. Ripple, XRP II and Bradley Garlinghouse (California) (closed; consolidated w/ #17) 13.) 2018 - David Oconer v. Ripple, XRP II and Bradley Garlinghouse (California) (closed; consolidated w/ #17) 14.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (California) (closed) 15.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Federal Court) (closed) 16.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Appeals Federal Court) (closed) 17.) 2018 - Zakinov et al v. Ripple et al (U.S. Federal Court) (open/active) 18.) 2019 - Cooperative Entertainment, Inc. vs. Ripple (closed) 19.) 2020 - Simmons vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (closed) 20.) 2020 - Ripple Labs, Inc. et al vs. YouTube, LLC (U.S. Federal Court) (open/active) 21.) 2020 - Bitcoin Manipulation Abatement, LLC, vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (closed) 22.) 2020 - Simmons vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (closed) 23.) 2020 - Thomas Stelmaszyk vs. Ripple Labs, Inc., et al (closed) 24.) 2020 - NPP Australia Limited vs. Ripple Labs, Inc. (open/active) Notes on active cases: #17 (above) - these 4 or 5 securities-related cases were all combined, but nothing new to report (just pretrial motions, objections, etc.). With 110+ docket entries, to be honest, I don't have the time right now to figure out what the next relevant date would be or to comb through all of the entries for some more clues. However, the community seems to be monitoring this one closely. #20 (above) - YouTube, LLC has filed a motion to dismiss Ripple's original complaint. That motion hearing is scheduled for October 22, 2020 at 9:30 AM PST. Responses are due tomorrow (September 7, 2020), and replies to those responses are due on September 28, 2020. We shall see if the court grants YouTube their motion to dismiss, or if Ripple Labs wins on this motion and the case proceeds forward to discovery. #22 (above) - Plaintiff's original lawsuit (#19) was closed and reopened a few days later; we're now tracking this one under #22. There appears to be an order granting case consolidation with the other class action securities lawsuits filed against Ripple Labs and the other defendants (#17 above). #23 (above) - On May 19, 2020, plaintiff Thomas Stelmaszyk filed a lawsuit against Ripple Labs, Inc. and others regarding securities violations. Ripple filed a motion to dismiss, the plaintiff amended their complaint, but the court dismissed the complaint with prejudice on August 4, 2020. Would not be surprised if this plaintiff ties to join #17. #24 (above) - Ripple Labs was sued by a consortium of Australia banks over alleged intellectual property infringement concerning "PayID." https://www.xrpchat.com/topic/34658-ripple-lawsuit-tracker-may-2020 https://www.xrpchat.com/topic/34394-ripple-lawsuit-tracker-march-2020-update @Snoopy @Pablo @WillGetThere @vlad_got_it @jcdenton @Mrsrippley @xrpisking

How reasonable is it to consider the possibility that Ripple's IPO move was coordinated with the SEC to accommodate a documented "stamp of approval" related to the securities question? Perhaps a statement in the IPO approval (if that exists?) stating or inferring a review has shown no issues with existing regulations (or in a best case scenario, more direct than that). I'm not sure how the SEC works with the IPO process, or if there is opportunity for that language. But given that we know Ripple has worked with the SEC on this issue extensively, would it be possible that both parties saw this as a viable solution to the legal limbo? Or at least one that gives Ripple a strong case legally? This may have been discussed elsewhere. If it has been in detail, I apologize.

https://xrpripplenews.com/2019/09/10/ripples-head-of-government-relations-talks-regulation-securities/

https://www.bnnbloomberg.ca/the-open/what-s-ahead-for-cryptocurrencies-and-cryptoasset-regulation~1463272 Don Tapscott, head of the Blockchain Research Institute, tech futurist and author of the 'Blockchain Revolution,' joins BNN Bloomberg to discuss his outlook for cryptocurrencies, which are struggling this year. He also outlines some of his recommendations for cryptoasset regulation. 04:45 (..) Utility tokens that perform some kind of function in a business - most of those are not really securities (..) Regulators need to understand the differences between all of these. 06:45 (..) We hope that that our report is gonna be read by regulators and government leaders (..) The stakes are very high here. (..) Creating an environment where innovation can flourish is gonna to be really critical.

This is from last month published by the Cato Institute... it seems like a thoughtful and and in-depth exposition of a question that has been on all of our minds... (The Cato Institute is a public policy research organization — a think tank — dedicated to the principles of individual liberty, limited government, free markets and peace. Its scholars and analysts conduct independent, nonpartisan research on a wide range of policy issues.) https://www.cato.org/about Should Cryptocurrencies Be Regulated like Securities? By Diego Zuluaga June 25, 2018 https://www.cato.org/publications/cmfa-briefing-paper/should-cryptocurrencies-be-regulated-securities#full "Cryptocurrencies are a new and promising technology, the benefits of which remain little understood and hotly disputed. Policy uncertainty and ambiguous statements by financial regulators further complicate an assessment of the risks and rewards that ownership of this asset class can bring." "Yet, the answer is not to clamp down on cryptocurrencies. Volatility, as long as it is not caused by fraudulent or illegal market behavior, is not a regulatory concern. Rather, the goal of regulators should be to provide confidence in the stability of the regulatory framework by defining how cryptocurrencies fit within existing rules. Such regulatory certainty need not come at the expense of the accessibility of blockchain technology to firms and individuals."

The _____ (name your favorite federal government department) has just _____ (past-tense verb) the _____ (noun) for the _____ (number) time, according to _____ (favorite news source). While Bitcoin and Eth are in the clear, Ripple is still waiting _____ (adverb) for a _____ (adjective) ruling. The ______ (same department) has promised that _____ (date) will be the absolute latest Ripple has to wait. In an _____ (adjective) move however, the _____ (name a different federal department) has totally _____ed (past-tense verb) over the _____’s (first department) head, demanding that _____ (altcoin with ranking worse than 1200) be classified as a security. This is because during _____’s (name a past president) term, the _____ (second department) forgot to close a loop-hole, which is now allowing ____ (name a country) to use _____ (same altcoin) to take the place of the USD as THE world currency. Brad Garlinghouse was extremely _____ (adverb) at the news that a decision on XRP’s status would be delayed. Newly clean-shaven, he _____ed (past tense verb) that there might be a _____ (adverb) _____ (noun) at the _____ (noun) of the _____ (noun). He revealed, in a stunning revelation, that _____ (name five financial institutions), _____ (name your favorite restaurant), and _____ (number between 100-289) _____ (department stores) are now using xRapid. Making the _____ (letter in the alphabet) sign, _____ (body part) crossing _____ (body part), he screamed triumphantly, "_____!!!!" (insert whatever the hell you want). In related news, Brian Armstrong, CEO of Coinbase, was secretly recorded _____ing (verb) BG to forgive his past behavior toward Ripple. Brad _____edly (adverb) pointed out that Ripple has moved on and that Coinbase was now SBI’s _____ (adjective) _____ (noun). Armstrong wept soft, tiny, tiny tears and ______ed (past-tense verb) for one more chance. Brad calmly told Brian to go _____ (verb) himself. To conclude, apparently Ripple is waiting on no one and no department. Forging ahead, they vow to _____ (verb) the world. Evidence suggests that this is very likely. The team running the _____ (noun) over at Ripple seems _____ (adverb). One more surprise development: they have opened a new flagship headquarters in ____ (city), _____ (country). Apparently, the US took too _____ (your favorite expletive) long to make a ruling and Ripple has had enough. In this reporter’s opinion, the US government sometimes _____ (verb) over its own _____ (body part), despite its _____ (adverb) _____ (noun). For best results, have a friend pick the words while you fill them in. Do not allow them to read the template first.

https://www.ccn.com/ripple-ceo-cryptocurrency-market-outsized-reaction-sec-announcement/ “More My POV on the SEC statement today – the market is having an outsized reaction. Exchanges ultimately have three options ahead of them: de-list ICOs, register, or close. Certainly big implications for ETH given ERC20 tokens,” said Garlinghouse. As Garlinghouse emphasized, the SEC’s decision to require exchanges to register with the agency for listing ERC20 tokens or ICOs only impacts tokens launched on top of the Ethereum network that are considered as securities by the SEC. On February 6, in a senate hearing, SEC chairman Jay Clayton noted that there exists a clear difference between ICO tokens and cryptocurrencies. Clayton explained that while ICOs are securities, others are “true cryptocurrencies.”

https://www.sec.gov/news/press-release/2017-131