Potentially huge crypto win no one is talking about: Judge in the LBRY vs SEC case gets SEC to say ON RECORD that the token itself is NOT a security.

Long story short, John Deaton, the lawyer that was allowed to be amicus curiae in the Ripple vs SEC case on behalf of XRP holders was also in court yesterday in a hearing for the LBRY vs SEC case. Yesterday's hearing was about secondary market sales (which is arguably the most important aspect of regulation for holders). After a bit of back and forth between the Judge and John Deaton, the judge turned to the SEC and got the SEC to admit on the record that the LBRY token itself is not a security.

This is potentially huge for the Ripple vs SEC case. What we as holders care about most is clarity for secondary market sales. Even if Ripple would lose and be fined for selling "illegal securities", the admission from the SEC that the LBRY token itself is not a security can be used to show that the XRP token itself is not a security, meaning we can continue to buy/sell/trade it on secondary markets and exchanges could potentially relist it without fear.