Ripple XRP - SEC Hinman and Clayton - ETH and BTC are NOT Securities
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Excited to announce @Ripple bought back our Series C (Dec 2019) shares at a $15B valuation! 1/4
Wait. We were told Bill Hinman’s speech about ETH was a personal opinion.
Here we have the SEC chairman in 2018 saying we take to evaluate.
Jay Clayton speaking on 09/19/18 “Bill Hinman recently outlined the approach WE take to evaluate whether a digital asset is a security…” wait what? I thought it was his personal opinion. BOOM! 🎤 drop!
Deaton thread
If she does take 30 days, it brings us to mid-May. Although expert depositions will be over on Feb. 28, how does Ripple finalize its Summary Judgement motions not knowing what these documents contain?