XRP to $3? SEC Deception Misleading Courts

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Links to Articles We Discuss

Before the SEC sued Ripple, Chris and Brad (3 yrs ago today) they offered us the following settlement: the SEC would announce to the market that XRP is a security and the market would be given a short window to “come into compliance.” We said no because: (1) XRP is not a…
— Stuart Alderoty (@s_alderoty) December 22, 2023

SEC ‘deeply regrets’ errors in crypto case, asks judge to waive sanctions after misleading statements

A judge rebuked SEC attorneys for presenting erroneous facts when securing a restraining order against the crypto firm DEBT Box.

FortuneLeo Schwartz

There is a lot of noncompliance in the crypto space. It undermines confidence when so many people have been hurt and all they can do is stand in line in the bankruptcy court. Further, this can make it hard for the good faith actors to compete. pic.twitter.com/9L1WKa4R6S
— Gary Gensler (@GaryGensler) December 21, 2023

SEC Chair Gary Gensler: ‘Far Too Many Frauds and Bankruptcies’

The Securities and Exchange Commission chief shared his views on the crypto industry.

CoinDeskNikhilesh De

So let me get this straight. Government lawyers lie to the Court to gain an unfair advantage in litigation and the SEC’s answer is to say that going forward those lawyers will now be taught to be honest when saying things to Judges. Gensler’s SEC has become a travesty. https://t.co/601NAZD65L
— Stuart Alderoty (@s_alderoty) December 22, 2023

Summer of 2017 was brutal. Eth was making highs then ltc took off all while XRP just sat there. Then Dec of 2017 came https://t.co/QM6g4Lks93
— 🇺🇸🇩🇴Lex XRP $27 (@Coining203) December 22, 2023

https://www.thestreet.com/lifestyle/elizabeth-warren-net-worth-15024381

SEC targets DAOs in latest enforcement action against BarnBridge DAO, which must pay $1.7 million to settle alleged securities registrations violations.@realDannyNelson reportshttps://t.co/a1NpPaHnnS
— CoinDesk (@CoinDesk) December 22, 2023

Well it looks like another Christmas 🎄 with XRP in the dumps. I’ve held it for many years so don’t come say then sell it! I’m just saying can’t wait for a good Xmas with XRP.
— Christian. GaryGenslerResign (@EXPATXRP1) December 22, 2023

Hooks, Xahau:

- "Built in the XRP Ledger spirit"
- "Very much supportive"
- "Very significant accomplishment"
- "All of the important interesting things you will be able to do"
- "Cool thing: Ripple... it's not our project"
- "Watch & cheer from the sidelines"

👨‍💻👩‍💻🧑‍💻🚀 https://t.co/WvdiyHjFZ9
— WietseWind (🛠+🪝 Xumm @ XRPL Labs) (@WietseWind) December 3, 2023

I noticed earlier that some of the #XRP transactions were taking 4 seconds rather than 3 seconds, so I went ahead and boosted the mainframe in the validator config/sys files.

I STILL don't think you guys appreciate what it is I do for this network.
— XRPP (@XRP_Productions) December 23, 2023

I have sold all my stocks and bought #Bitcoin   

My wife and I still own our primary residence and my wife still owns some stocks (she wants to diversify).

It took me 3 years of studying Bitcoin to conclude that I don't want to risk my hard-earned wealth anymore. If I didn't…
— Rajat Soni, CFA (@rajatsonifnance) December 22, 2023