Will XRP Ever Hit $1.00 | Coinbase - SEC Violated Due Process

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Links to Articles We Discuss

‘The SEC has violated due process’ — Coinbase CLO on motion to dismiss lawsuit

Coinbase’s legal team filed a motion to dismiss the SEC’s securities case on Aug. 4, claiming the commission had exceeded its authority.

CointelegraphTurner Wright

🧵 Why the XRPL EVM will be the best chance for $XRP to achieve large-scale retail adoption

And how we can drive it ourselves 🏎️

1/17
— Shen (@shenxcrypto) August 2, 2023

We’re honored to be recognized in the inaugural World's Top Fintech Companies 2023 by @CNBC and @StatistaCharts.

Thank you for the recognition! ⭐️ https://t.co/YppvN2NIpF
— Ripple (@Ripple) August 2, 2023

🤦‍♂️

Let’s review. First, the Chairman of the SEC @GaryGensler testified under oath that crypto exchanges don’t have a regulatory framework. In essence, they fall into a regulatory gap between the @SECGov & @CFTC (emphasis on “regulatory gap”). Of course, the SEC’s official… https://t.co/PdeniWA9qk
— John E Deaton (@JohnEDeaton1) August 4, 2023

Is it possible that Homeland Security was duped?

Let’s not forget, this isn’t just any crowd—it’s the US government we’re dealing with here.

Next up, selling them my premium, mosquito-infested Floridian swampland—prime real estate, wouldn’t you agree? https://t.co/NnSZ6wngog
— Chip – onthechain.io (@stephenchip) August 5, 2023

Revolut to Shutter US Crypto Operations Due to ‘Regulatory Environment’ - Decrypt

From September 2, Revolut will suspend its cryptocurrency services in the U.S., with complete access disabled from October 3.

DecryptMattis Meichler

In the letter to Judge Torres👇 the SEC states that it may seek “further relief” against me - in addition to asking the Judge to throw me off the case. Dear JT: in case you don’t have it: 450 North Broadway, East Providence, R.I. 02914 is the best address for service of process. https://t.co/P8oQQzeR1h
— John E Deaton (@JohnEDeaton1) July 29, 2023

For years I’ve said we don’t exist in a true capitalist system. We have corporate capitalism in the U.S. Look at the accredited investor rules and how they discriminate against the working class. Look at the attack on Crypto and the attack on Coinbase which allows non-accredited… https://t.co/JVis3xw30f
— John E Deaton (@JohnEDeaton1) July 29, 2023

Which blockchains do you believe will win the race of tokenization and be the leaders in 2030?

My personal bet is on #XRPL and #Avalanche . Unique techs, amazing features, very efficient and a lot of focus on tokenization with many partnerships and upcoming developments.
— Panos 🔺 {X} 🪝 (@panosmek) July 29, 2023

Another world first for the #XRPLedger and the #Palau #stablecoin project 🇵🇼#XRPL (and all public #Blockchains) have built in #Transparency which means you can see the transactions taking place real time 👌

‼️Do you have this capability with your currency? 💵💶💷💴
‼️Can you… pic.twitter.com/VaktEgxmr8
— Antony Welfare (@AntonyWelfare) July 29, 2023

The U.S. Senate passed the 2024 National Defense Authorization Act this week.

It included a provision that tightens oversight over financial institutions engaged in crypto trading and takes aim at crypto mixers and “anonymity-enhancing” crypto assets.https://t.co/mgGsgFS7tG
— CoinDesk (@CoinDesk) July 30, 2023

This is why we have 5 live projects and numerous more in discussion irrespective of the SEC case👌

Working with Central banks outside USA 🇺🇸 focuses on;
1) the #technology we bring to their challenges
2) how we can use our #cbdc platform to support their use cases and
3) how… https://t.co/iDDgX4vFaN
— Antony Welfare (@AntonyWelfare) July 30, 2023

The Stable Coin War is Real. USDC has dropped from 33% of market share to 21% this year and swaps of Tether is sucking it dry. Coinbase CEO Drops Bombshell: Binance Sold All Its USDC, Why? You want to know. https://t.co/MBEjnRek34
— 🌸Crypto Eri 🪝Carpe Diem (@sentosumosaba) August 4, 2023

🤦‍♂️

Let’s review. First, the Chairman of the SEC @GaryGensler testified under oath that crypto exchanges don’t have a regulatory framework. In essence, they fall into a regulatory gap between the @SECGov & @CFTC (emphasis on “regulatory gap”). Of course, the SEC’s official… https://t.co/PdeniWA9qk
— John E Deaton (@JohnEDeaton1) August 4, 2023

As investors like you work to build a better financial future, please check out our resources to help you along the way. They can help you learn how to invest for your future, spot fraud, do background checks on investment professionals, and more. pic.twitter.com/4SfTC8Zhmx
— Gary Gensler (@GaryGensler) August 4, 2023