First They Came for XRP - Now Coinbase and Binance

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Ripple Copper Happy Hour

Excellent @Ripple and @CopperHQ networking event at #Money2020EU during the “golden hour” in #Amsterdam (yes it is sunny in Holland 🇳🇱!!)
https://twitter.com/copperhq/status/1666439962089119745

https://twitter.com/antonywelfare/status/1666443634596622336?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

JUST IN: 🇺🇸 Gary Gensler applied to serve as an advisor for #Binance in 2019 before becoming SEC Chair, court filing says.
https://twitter.com/watcherguru/status/1666591075232784384?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Garlinghouse on Gensler

If it wasn’t already clear, it should be now – Chair Gensler’s laughable “pro-innovation” stance (as he said today), is exactly the opposite. What this also tells me is that the SEC is throwing lawsuits at the wall and hoping they distract from the agency’s FTX debacle.
https://twitter.com/bgarlinghouse/status/1666126927583666176?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

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Stu Alderody

The allegations in these suits are just that – unproved. The SEC – despite what Chair Gensler pretends - does not have a magic regulatory wand that it can just wave and say tokens are securities. Looking forward to how the Courts and Congress will take this.
https://twitter.com/bgarlinghouse/status/1666126927583666176

https://twitter.com/s_alderoty/status/1666129461715120129?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Deaton

For the last 2 years, $XRP and $LBC communities have been put through hell by the consequences of @SECGov regulation by enforcement

Today, many other communities began the same journey.

The SEC is a powerful common enemy. Crypto needs to unite to face it. https://twitter.com/TheBlock__/status/1665756297910681607

https://twitter.com/cryptolawus/status/1665779410492960770?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

It’s still early and this particular battle isn’t a game changer, but it’s an important battle within the war. To those like @kevinolearytv, who said @coinbase was stupid for suing the SEC, you were wrong then and you’re wrong now. Go back to my previous tweets and I said there’s…
https://twitter.com/i/web/status/1666515779150290955

https://twitter.com/johnedeaton1/status/1666515779150290955?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

The SEC has sued Coinbase.
https://finance.yahoo.com/video/sec-sues-coinbase-over-alleged-133627809.html

https://www.dropbox.com/s/52izwjjgg3xf7xd/SEC%20v.%20Coinbase.pdf?dl=0

https://twitter.com/filanlaw/status/1666059240601993216?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Brian Armstrong

Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.

Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and…
https://twitter.com/i/web/status/1666129111025324035

https://twitter.com/brian_armstrong/status/1666129111025324035?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

The numbers don't lie.
https://twitter.com/coinbase/status/1666135834062467083?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Mark Cuban weighs in on the SEC
There are thousands of financial scams every minute on Twitter. Just scroll and they are everywhere, ripping off investors continuously. Not one of them will be stopped today, tomorrow or the next day. Why is nothing ever done ?
https://twitter.com/SECGov/status/1666059252442746881

https://twitter.com/mcuban/status/1666294088466067465?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

One of the most earnest lawyers of our time, @JohnEDeaton1 who gives his time to help cryptocommunities, got hacked on his birthday a couple of days ago. His account started promoting a scam. It was reported but now he can't get the account back because he had it connected to a…
https://twitter.com/i/web/status/1666299331480092675

https://twitter.com/oskararnarson/status/1666299331480092675?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

The establishment weaponized the financial system
First, against foreign nationals
From Iraq to Russia
Whoever today's enemy is

Then, against domestic opponents
From Canadian truckers to crypto companies
Whoever today's target is

Soon, against you
https://twitter.com/WatcherGuru/status/1666179626404642819

https://twitter.com/balajis/status/1666377285958762496?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

It's CarDanoJim.
https://twitter.com/NotSuitman/status/1666069629888757761

https://twitter.com/iohk_charles/status/1666135877830205441?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Hinman Bio Removed from SEC website?
https://decrypt.co/143450/sec-removes-director-william-hinmans-bio

21M stolen in Atomic Wallet Hack
https://thecryptobasic.com/2023/06/05/xrp-community-on-high-alert-as-21m-xrp-lost-in-atomic-wallet-hack/

Is this why Brian Brooks resigned from Binance US?
https://cointelegraph.com/news/sec-lawsuit-binance-brian-brooks-resign-us-ceo

SEC charged Coinbase with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency and for failing to register the offer and sale of its crypto asset staking-as-a-service program.

Coinbase delisted XRP for nothing. Sued by the SEC anyway.
https://twitter.com/secgov/status/1666059252442746881

https://twitter.com/belisarius2020/status/1666062383712989184?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

https://finance.yahoo.com/video/sec-sues-coinbase-over-alleged-133627809.html

Gensler - US doesn't need more digital currency it has USD
https://www.coindesk.com/policy/2023/06/06/us-doesnt-need-more-digital-currency-because-it-has-the-dollar-says-secs-gensler/

Rowan Atkinson - Mr. Bean knows about free speech
Smart people understand how important free speech is and Rowan is a prime example.
https://twitter.com/catchupfeed/status/1666086189387096069?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Chip - is the SEC running cover?
As FTX collapsed, losing $10B of investor funds, the SEC was shockingly absent - seemingly snoozing.

Are the recent crypto enforcements acting as a diversion for the SEC from intense FTX scrutiny?

Where was the SEC in this during the FTX collapse?
https://t.co/pSdsgoU0PO

https://twitter.com/stephenchip/status/1666403155406475265?s=12&t=FDKrwCVAUclhs3QkR5w8Bg

Funny Gensler photo
Who is this?
Wrong answers only.
https://twitter.com/apedurden/status/1666266535776886784?s=12&t=FDKrwCVAUclhs3QkR5w8Bg