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Ripple goes public about Bill Hinman with the release of the emails.
Stu Alderoty
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1/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.
https://twitter.com/s_alderoty/status/1668601225418543109?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Brad Garlinghouse
It’s absolutely unconscionable that a regulator – when presented with so much pushback on what he was about to say / how he compiled this fake “test” in the first place – decided to move forward anyway, and throw an entire industry into chaos.
https://twitter.com/bgarlinghouse/status/1668601650242809857?t=DroruzV5KF-OHoTZVD7AvA&s=19
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Deaton
IMO, @Ripple’s CEO is showing great restraint here. After a 2 1/2 year investigation, he was personally sued - in a non-fraud case - where it was alleged that he was reckless in not knowing #XRP was a security in 2015 when SEC enforcement lawyers themselves couldn’t determine if…
https://twitter.com/i/web/status/1668858201272463363
https://twitter.com/johnedeaton1/status/1668858201272463363?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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What’s important about this meeting on August 18, 2018 is that on June 13, 2108 Clayton and Hinman received an XRP Memo analyzing XRP under Howey. Had the 📝 concluded XRP was a security, you would expect Hinman and Clayton to respond to @bgarlinghouse’s “purgatory” comment with:…
https://twitter.com/i/web/status/1668952869943246855
https://twitter.com/johnedeaton1/status/1668952869943246855?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Warren Davidson files new bill - SEC Stabilization Act to restructure the @SECGov and #FireGaryGensler
https://twitter.com/WarrenDavidson/status/1668305460368121857?t=97fk5XZZeRFF6OXv3p-Vwg&s=19
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After the Goldman Rush
https://puck.news/after-the-goldman-rush/
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Who do you trust more Elon Musk or Forbes, SEC Chair Gary Gensler and Elizabeth Warren ?
https://www.forbes.com/sites/digital-assets/2023/06/11/usurping-congress-and-a-secret--alliance-to-destroy-crypto-key-elon-musk-ally-fans-wild-rumor-thats-played-havoc-with-the-price-of-bitcoin-and-ethereum/
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Fuck you Gary Gangster
Bank of China Investment arm launching tokenized notes on Ethereum and you and Pocahontas are killing Crypto in US.
https://blockworks.co/news/boc-investment-arm-tokenized-notes
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Don't worry about reading it yet. @FilanLaw will be up in a few hours to post everything. The money shot is in the Ripple 56.1 in opposition to the SEC's MSJ. 3/3
https://twitter.com/freddyriz/status/1668524377896554496?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Same ‘ol dopey Charlie.
Fascinating stuff. I know the knee jerk from the #XRP community will be this proves a “fraud.” It doesn’t. It does prove @HesterPeirce’s argument—we need a safe harbor in #Crypto; we need to stop regulation by enforcement and Congress needs to set digital-coin ground rules NOW
https://twitter.com/s_alderoty/status/1668601225418543109
https://twitter.com/cgasparino/status/1668609617138417664?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Classic Buterin tweet
Looks like the Ripple/XRP team is sinking to new levels of strangeness. They're claiming that their shitcoin should not be called a security for *public policy reasons*, namely because Bitcoin and Ethereum are "Chinese-controlled". 😂😂
https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdfhttps://twitter.com/vitalikbuterin/status/1341219519545556992?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Torres Questions Witnesses at Hearing on the Future of the Digital Asset... https://youtu.be/Ol12cYR496c @ThinkingCrypto1 @MoonLamboio @jungleincxrp @stephenchip @sentosumosaba @WorkingMoneyCH
https://twitter.com/adam_kilpatrick/status/1668789014332342272?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Warren Davidson - Download video
The market must be protected from the current tyrannical @SECGov Chair.
Last night I joined @CNBC to talk about the #SECStabilizationAct and my plan to #FireGaryGensler.
https://twitter.com/warrendavidson/status/1669021733725126657?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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The Hinman emails show that the @SECGov itself is totally confused on how to regulate crypto. It is incredibly dishonest for @GaryGensler to claim that the rules are clear when the rule makers themselves don't even agree on them. But it is downright evil for the SEC to bring…
https://twitter.com/i/web/status/1669025319356084224
https://twitter.com/tyler/status/1669025319356084224?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Coinbase
Yesterday we filed a comment letter on the @SECGov proposed rule that seeks to expand the definition of exchange to include DEXs. Tl; dr: this proposal should NOT be adopted, and certainly not before completing the threshold steps for any rulemaking. 1/11
https://www.sec.gov/comments/s7-02-22/s70222-205079-412142.pdfhttps://twitter.com/i/web/status/1669029818732617747
https://twitter.com/iampaulgrewal/status/1669029818732617747?s=12&t=FDKrwCVAUclhs3QkR5w8Bg
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Bipartisan look at Crypto legislation - Maxine Waters is worried about Retail investors.
https://cointelegraph.com/news/us-lawmaker-invokes-sec-lawsuits-in-considering-crypto-regulatory-framework