/biz/ - Business & Finance

Ok serious question not meming. I have serious investment in ripple. I know many anons bad-mouthed it but a friend who works in a bank convinced me it's the contrarian bet because banks will take over the crypto space and they will all use Ripple as it is the only american registered trusted crypto. and now I see.it SUED by SEC? wtf... why sue ripple when it's serious tech used by banks and not montero which is used by criminals gangs and drugs dealers ?

please tell me this can still turn out ok? I texted mY friend he is saying he is actually buying even more as it's a dip and it will come out even stronger after lawsuit is dismissed

thoughts?

I will survive anyway, I have a job but this is a lot of money I have in ripple I put half of my grandfather's inheritance in it. it's not small money. I can't believe they do this, wasn't ceo of ripple even declared richest man in world in 2017?