PROOF - XRP Is Not a Security - SEC False Lawsuit Not Based on Law

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"Liquidity Hub combines ease of use, powerful payment integrations, cost savings and more into a single, scalable enterprise-grade platform." —Brad Chase, Head of Liquidity Products

Learn how Ripple Liquidity Hub bridges traditional fiat & #crypto. https://t.co/SIsLDnXF4I
— Ripple (@Ripple) May 9, 2023

Fears regarding innovation moving overseas are not overstated - crypto industry players are already migrating to places like Europe where the rules of the road are clear thanks to MiCA. US regulatory paralysis has real, measurable impact in terms of jobs and investment lost. https://t.co/2Ajr7fjhf9
— Susan Friedman (@ss_friedman) May 10, 2023

Claiming Ripple sold XRP as a security is one thing. Saying XRP is a security is another. XRP is a line of code inside software. How do you register?

“to have registered it as a security and played by the rules like everyone else.”

Where did ETH, ADA, ALGO, XLM, etc. register?
— John E Deaton (@JohnEDeaton1) May 9, 2023

remind me when you learned securities law?! This is embarrassing for you (and hilariously wrong as there is no framework to register digital assets in the US), but we're all used to you making controversial statements and trolling about things you know nothing about...
— Brad Garlinghouse (@bgarlinghouse) May 9, 2023

💥Boom! Ripple OG Matt Hamilton drops truth bombs 💣! As #Bitcoin fees skyrocket 🚀 due to NFT mania, he advises El Salvador to pivot to #XRP for cost-effective solutions! Is this the wake-up call for Bitcoin? Or will XRP steal the spotlight? 🌟 Let's keep watching! #CryptoNews…
— Jungle Inc (@jungleincxrp) May 10, 2023

Careful.... you'll get an article written about you lol https://t.co/hOygZnq3Ju
— Matt Hamilton (@HammerToe) May 10, 2023

XRP is obviously a security

It would have cost little for the Ripple team to have registered it as a security and played by the rules —- like everyone else in the industry does all day long $xrp pic.twitter.com/Yxga686tBZ
— @jason (@Jason) May 9, 2023

Wowza!!! Spot on Brad! It's crazy how many people out there are throwing around legal advice like it's confetti! But let's be real, unless you've got some serious legal chops, it's best to leave the lawyering to the pros @JohnEDeaton1 @s_alderoty
— On The Chain ® (@on_the_chain) May 10, 2023

#ripple #XRP Fam @GaryGensler is out here being compared to a two year old. 🤣🤣🤣🤣 pic.twitter.com/l05RDd9JgS
— 801_XRP (@801_XRP) May 10, 2023

JUST IN: 🇺🇸 US congressman says maybe we do print money out of thin air, but we're the US government.

pic.twitter.com/3GsmRATlcE
— Watcher.Guru (@WatcherGuru) May 10, 2023

This tale is all too familiar.

The internet was initially dismissed as a passing craze.

Blockbuster was once seen as eternal; the idea of streaming videos online seemed implausible.

Crypto will continue to flourish, and the name Brad Sherman will fade into obscurity. https://t.co/tLP4Qk4Tvj
— Chip – onthechain.io (@stephenchip) May 10, 2023

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy https://t.co/ilcXaqiW0n
— James Rule 👊😎 (@RuleXRP) May 10, 2023

USDC regulation is the single biggest existential threat to Coinbase’s revenue. Interest from their USDC partnership was $199m which is more than their BTC and ETH transaction revenue combined. pic.twitter.com/KZdkqr1llQ
— Neil Hartner (@illneil) May 10, 2023

🧵How Evernode utilizes the #XRPL as its settlement layer and as its Single Source Of Truth.

While HotPocket dApps are extremely flexible and powerful with virtually no restrictions, they *need* a settlement layer to transfer and store funds (business activities)
/9
— Wo Jake (@woj4ke) May 10, 2023

U.S. Senators sitting on the Banking Committee shouldn’t encourage bank runs.
— John E Deaton (@JohnEDeaton1) May 9, 2023

Summary: “crypto firms should keep $200m in the bank just in case.” The distraction itself is costly and it’s only $200m if you win. If you lose it’s $200m + fines, penalties, disgorgement. A sad situation for the US, as @bgarlinghouse says: “we have put politics before policy.” https://t.co/AmMtwkFznI
— Jesse Powell (@jespow) May 9, 2023

I went on a rant. I actually said all these things. US Government is killing the golden goose of Silicon Valley. Regulations smother innovators. #freedom #trust https://t.co/dUk6s8nDcV
— Tim Draper (@TimDraper) May 8, 2023

Can this government afford to continue to bail out the banks? Government spending vs GDP keeps going up. Debt ceiling keeps going up. Regulations keep going up. Something’s gotta give. #Bitcoin #freedom #trust
https://t.co/TDJs3fOAS7
— Tim Draper (@TimDraper) May 8, 2023

The US Government just sold 9.8k of #Bitcoin worth $277 million, causing the prices to plunge.

They still own over 200K $BTC - if they decided to sell that, prices would be back under $10K in a heartbeat. pic.twitter.com/9dnRp5c7S0
— WhaleWire (@WhaleWire) May 10, 2023