>> let me back up, the sec brought three lawsuits, they brought one against chris larson, the cofoundernd one against me and they brought a lawsuit against ripple. they lost the lawsuit against chris larson and lost the one against me personally and ripple mostly won the case they brought against ripple. there is one narrow piece in my judgment and as many are reacting, the sec clearly lost as a matter of law and the judge wrote that xrp is not a security. in certain circumstances which is a narrow definition around an inch touche and sale, it could be a security. the market reacted in a very positive way. team ripple is very happy with the decision and coinbase is up 25% yesterday and the value of xrp is up 50-80% of the market has reacted as a clear win for ripple and the industry. matt: what is going to be the result for you as the result of that piece of the decision and what will be the result for ripple as regards to that piece of the decision from the judge ruled it is a security when looking at the institutional sales? >> the institutional sales ends up from the broad perspectiv