XRP - $10 XRP ATH? – Gensler Misstates Law & Howey – Torres Doctrine

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• Ripple's legal victory: Ripple did not bend the knee to the SEC and spent over $150 million defending itself, resulting in a landmark ruling that XRP is not a security.
• Future Verse raises $54 million: The AI gaming startup raised funds for research and development of an open metaverse and blockchain games, with XRP ledger integration on the Route Network.
• Regulation of digital assets: SEC's enforcement-only approach had a dreadful day in court. Congress should have intervened two and a half years ago. The SEC lacks legal authority to regulate digital assets untethered from an actual security offering.
• Ritchie Torres' stance on crypto: Torres is stepping out in an honorable way, expressing his opinion on what's going on in crypto and what it should be. He believes that regulating digital assets should not be a party issue but a freedom choice for people to choose.
• Lack of clear rules and guidance: The SEC has not issued a single rule on crypto assets under Chair Gensler, sending mixed signals and contradicting itself when pressed about the status of Ether as a security. The lack of clear rules and guidance is opposite to fair notice.
• Bipartisan support for crypto: More people need to support bipartisan efforts for crypto regulation instead of making it a red or blue team issue. It should be about giving people the freedom to choose what they want with their crypto assets.
• XRP as a commodity: XRP is not a security but regulated by the CFTC as a commodity, which hasn't been a big deal so far.
• Allegations against Twitter CEO: Discussion about allegations of misappropriating assets and conflicts of interest against the CEO of Twitter, and the challenges of going after someone who is an arbiter of free speech.
• SEC's investigation: Discussion about SEC's investigation into Tesla and its CEO, Elon Musk, for failing to uphold legal duties to ensure that Mr. Musk acted in the best interest of Tesla.
• Emotional reactions to recent events: Discussion about people being emotionally pulled in by recent events, including the replacement of M.C people by the XRP community and a journalist's tweet.
• Eric Gerding as new Bill Himan: Discussion about Eric Gerding being compared to Bill Himan, a household name, and his performance during a bureaucratic talk.
• Bitcoin Maxies: Discussion about a video criticizing Bitcoin CEOs for fueling Bitcoin's climate destruction and a new bill going through Congress related to crypto.
• Coinbase's approach to hiring: Discussion about Coinbase's approach to hiring exceptional talent with different skill sets and retaining them through challenging work missions.
• Corruption in government agencies: Discussion about corrupt government agencies and how they can be avoided or identified.
• Closing remarks: Miscellaneous discussion items including appreciation for support from viewers and excitement over upcoming events related to Badassieties.
• Regulation of digital assets: SEC's enforcement-only approach had a dreadful day in court. Congress should have intervened two and a half years ago. The SEC lacks legal authority to regulate digital assets untethered from an actual security offering.
• Ritchie Torres' stance on crypto: Torres is stepping out in an honorable way, expressing his opinion on what's going on in crypto and what it should be. He believes regulating digital assets should not be a party issue but a freedom choice for people.
• Lack of clear rules and guidance: The SEC has not issued a single rule on crypto assets under Chair Gensler, sending mixed signals and contradicting itself when pressed about the status of Ether as a security. The lack of clear rules and guidance is the opposite of fair notice.
• Bipartisan support for crypto: More people need to support bipartisan efforts for crypto regulation instead of making it a red or blue team issue. It should give people the freedom to choose what they want with their crypto assets.
• XRP as a commodity: XRP is not a security but is regulated by the CFTC as a commodity, which hasn't been a big deal so far.
• Allegations against Twitter CEO: Discuss allegations of misappropriating assets and conflicts of interest against the CEO of Twitter and the challenges of going after someone who is an arbiter of free speech.
• SEC's investigation: Discussion about SEC's investigation into Tesla and its CEO, Elon Musk, for failing to uphold legal duties to ensure that Mr. Musk acted in the best interest of Tesla.
• Bitcoin Maxies: Discussion about a video criticizing Bitcoin CEOs for fueling Bitcoin's climate destruction and a new bill going through Congress related to crypto.
• Coinbase's approach to hiring: Discussion about Coinbase's approach to hiring exceptional talent with different skill sets and retaining them through challenging work missions.
• Corruption in government agencies: Discussion about corrupt government agencies and how they can be avoided or identified.
• Closing remarks: Miscellaneous discussion items, including an appreciation for support from viewers and excitement over upcoming events related to Badass Yetis.

Links to Articles We Discuss