<ul><li>Ripple introduced a private version of the XRP Ledger designed for central banks and large financial institutions, with partnerships with over 20 central banks.</li><li>The SEC lawsuit against Ripple, filed in December 2020, was seen as a strategic delay tactic to distract from Ripple's private ledger development.</li><li>Ripple's private ledger threatened traditional financial systems like SWIFT and Fedwire, leading to regulators and institutions needing time to adapt, with the lawsuit serving as a distraction.</li><li>Institution-grade XRP transactions have been valued at over $1,000 in private environments, emphasizing its potential value in high-volume central bank transactions.</li></ul>

Why the XRP Lawsuit Was Just a Smokescreen: Inside Ripple’s Secret Ledger

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