Judge Sides with Ripple Orders SEC on Hinman Documents - Flare NEWS
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THE LAWSUIT IS THE SECURITY
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
an investment (time & ๐ฐ), into a common enterprise (a founder/investors working w/a regulator) all w/an expectation of profit (delay + suppressing growth = time = profits), relying on efforts of others (SEC enforcement lawyers dragging it out).
โ
This is why the crypto market should be thankful @Ripple is fighting this case. If you add up the legal fees Ripple has paid to finally get a ruling from Judge Torres it is likely $2-3 million and they still donโt have the documents. Next step: SEC asks to certify or Mandamus. https://t.co/yXiUAoGNJA
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 29, 2022
Just imagine the outrage if a private citizen or Ripple had been instructed five times to turn over emails.
โ Chip โ onthechain.io (@stephenchip) September 29, 2022
The SEC.
A government agency that is supposed to protect investors.
Instead, the spent their time defying the judge and protecting themselves.
A new day is coming! https://t.co/D0OF6ToQXd
Dear Gary Gensler and the SEC,
โ Chip โ onthechain.io (@stephenchip) September 30, 2022
The more you f**k around, the more you will find out.
And we canโt wait.๐คฃ
Signed,
The XRP Community pic.twitter.com/5UhjQZQYcf
First time Iโve ever said ๐ฅ BOOM https://t.co/BSQXNoPgem
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 29, 2022
I filed a suit on behalf of #XRPHolders as well. I have 74K in my class stating #XRP is NOT a security. The majority of first time purchasers of #XRP werenโt even aware of the Company @Ripple. Iโm curious as to how many #XRPHolders you have identified that agree w/your claims? https://t.co/CwEtFvYIDU
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 29, 2022
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: JUDGE TORRES OVERRULES THE SECโS OBJECTIONS AND ORDERS THE SEC TO TURN OVER HINMAN DOCUMENTS. https://t.co/FzcdgNX59Z
โ James K. Filan ๐บ๐ธ๐ฎ๐ช 115k (beware of imposters) (@FilanLaw) September 29, 2022
Wow, this I-Remit brief is good stuff. They make clear there is no expectations of profit from their Ripple agreement, that XRP price is irrelevant to their use. They have no time for the SEC's arguments. https://t.co/u7tCQ2aMJE
โ WrathofKahneman (@WKahneman) September 30, 2022
#XRPCommunity #SECGov v. #Ripple #XRP I-Remit, Inc., a global payment remittance company that uses the RippleNet software, has filed an application to file an amicus brief in support of the Ripple Defendants' Motion for Summary Judgment. https://t.co/CcolPVqBb1
โ James K. Filan ๐บ๐ธ๐ฎ๐ช 115k (beware of imposters) (@FilanLaw) September 30, 2022
TapJets is an example demonstrating that XRP and Crypto are here to stay. XRP allows to pay for instant travel. Think Uber for Private Jets. It also validates Rippleโs business model. TapJets is disrupting the Private Air industry like Ripple is doing to the banking industry. https://t.co/xuE31olvkU
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
Large private jet companies require their costumers to deposit large sums of money into jet card accounts, just like a bank uses Nostro / vostro accounts.
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
The use of XRP eliminates the pre-funding, freeing up that money for use elsewhere.
XRP and Crypto is here to stay.
#XRPCommunity #SECGov v. #Ripple #XRP TapJets, a private jet charter company, requests to file an amicus brief in support of Ripple. TapJets accepts XRP in exchange for its services. "For TapJets, the acceptance of XRP as payment for services is vital." https://t.co/8BgOJK0USp
โ James K. Filan ๐บ๐ธ๐ฎ๐ช 115k (beware of imposters) (@FilanLaw) September 30, 2022
#XRPCommunity #SECGov v. #Ripple #XRP 1/4 Some thoughts on the next steps in the quest for the Hinman documents. The SEC has a number of procedural cards they can play to try to further delay complying with the order to produce the Hinman documents.
โ James K. Filan ๐บ๐ธ๐ฎ๐ช 115k (beware of imposters) (@FilanLaw) September 30, 2022
John E. Deaton on Max Keiser
Donโt you just love when a so-called Libertarian calls on a government agency to shut down EVERYTHING except the enterprise or network of his choice. Itโs sorta like an OXYMORON, with an emphasis on moron. https://t.co/Y6BGi8mcBf
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 29, 2022
I was just thinking of @maxkeiserโs tweet w/ @LBRYcom b/c the summary judgment ruling could come down today or Monday. LBRY offers an alternative to YouTube. A platform for freedom. Thereโs no wild speculation for price appreciation w/#LBC. Users use #LBC but Max wants them gone.
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
So @maxkeiser supports the @SECGovโs unconstitutional expansion of power asking @GaryGensler to shut down EVERYTHING except #Bitcoin but look what he said about Gary and the SEC. ๐
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
Max, you what they say about laying down with #shameful #pigs. https://t.co/Y6BGi8mcBf pic.twitter.com/DdGX6gNyEy
#XRP is living rent free in Maxโs head today. I wonder why? Could be because independent companies are filing briefs today - demonstrating the utility of #XRP? Is it about #XRP or is because itโs not #BTC being discussed? https://t.co/Lma0fX0VaA
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
Max: I want you to meet your absolute worst nightmare. His name is @Jay_SpendDBits and he solved the Bitcoin Problem of being slow and costly by using #XRP and the #XRPL w/his @Spend_The_Bits app. Satoshi Nakamotoโs vision realized!#BTC & #XRP married together. Sweet Dreams ๐คฃ https://t.co/Lma0fXj4oI
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
Flare Token Distribution
Initially 15% of $FLR will be distributed
โ Flare Community โ๏ธ (@CommunityFlare) September 30, 2022
The remaining 85% will come after a decision has been made regarding the upcoming proposal! ๐https://t.co/OWJ9seftkA
Is this FDA approved?@digitalassetbuy @bgarlinghouse pic.twitter.com/pBn0egckFo
โ CRYPTOMEMEGUY.xrp (@xrpmemeguy) October 1, 2022
I choose to believe this is good news. One, the Judge is not rubber stamping the SECโs arguments. Two, he realizes the public interest this case represents and is being careful and deliberate. Three, it is likely to be appealed and he wants to get it right. https://t.co/J0Q9H1Pd3C
โ John E Deaton (216K Followers Beware Imposters) (@JohnEDeaton1) September 30, 2022
Ripple Strikes Back โ SEC WARS โ T-shirt
The SEC dropped a lawsuit at the end of 2020 alleging that Ripple sold XRP as an unregistered security. Ripple Strikes Back. Game on Bitchez.
Which is the original? pic.twitter.com/VnoDbyDr14
โ ๐ณ๐๐๐๐ ๐๐๐๐ ๐๐๐๐ฃ (@JoelKatz) October 1, 2022