The Wallstreet Journal is
The Wallstreet Journal is reporting that the SEC will be filing a lawsuit against Ripple regarding the sale of XRP. Ripple says they will fight the lawsuit, but how will this uncertainty effect XRP price during the current bull run?
I think the Chinese are taking over.
All Big companies get sued! Move a long
Sweet, they want to get all the escrowed XRP to take control of the world reserve currency ?
Wouldn’t be so quick to judge the situation . Jay , ripple and team have been unsuccessful thus far in getting clarity purely because of certain bad politicians like Maxine Waters and the like who are funded by China . This is exactly the chess move to kickstart clarity into action .
In this Legal Brief
In this Legal Brief (crypto edition) Attorney Jeremy Hogan discusses the lawsuit brought recently by Attorney Deaton against the SEC, the halting of trade by the exchanges AND the likely result of the SEC v. Ripple litigation, what the effect will be on XRP and the crypto market in general, and finally a possibility that might change XRP forever.
⚠️DISCLAIMER: Nothing herein constitutes legal advice nor should be relied on as such.
Deaton vs. SEC
SEC Ruling Process
SEC vs. Ripple
SEC Statement on Cryptocurrencies and Initial Coin Offerings
Paragon Settlement Order
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Lawyer Analyzes the SEC vs. Ripple / XRP Lawsuit and What the Likely Result Is:
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➡️ Let's Connect!
If ripple give IMF escrow account, why would ripple use XRP I'm the future?
What about how they are phrasing the first sentence of the complaint summary . They refer to XRP as a digital asset security.
so in a short story you don't think XRP will be dimed a security?
I guess you need to dig deeper into the MONETARY war going on around the world to really understand whether it's a buy or not.
Depends if the crooked congress in place now stays or get arrested for treason.
If they stay, the world's greatest criminal organizations (central banks) take XRP and accumulate billions of more people to economically enslave them, those not in the banking system currently.
It will also protect their wealth, the 1% by introducing CBDC tandem with XRP to fight their enemy BTC that threatens their 100s of years rule over every government since Nepoleon.
Put it this way... The last president to try and separate the USA from this debt system was slaughtered along with his entire family. If Trump fails in the next few days... The 1% wins and central banks get bailed out, and XRP Ripple whose partners Happen to be Rockefeller foundation and Gates foundation (central banks arm) are saved from their demise and XRP becomes the world currency adding a reset debt over time to the world a much more vast world. EVERYONE WITH A PHONE.
The world is so close to monetary collapse the CENTRAL BANKS ARE AS BROKER AS THE USA, ALONG with EVERY OTHER COUNTRY BUT CHINA AND RUSSIA.
And they wonder why I’m so........BULLISH!!!!!!
Jason's Twitter thread on
Jason's Twitter thread on the SEC suing Ripple: https://twitter.com/Jason/status/1341503149245272064
SEC Complaint: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
FOLLOW Jason: https://linktr.ee/calacanis
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0:00 Jason intros today's topic: Ripple is being sued by the SEC
1:14 Embroker - Get 10% off by using code TWIST at https://embroker.com/twist
2:50 Ripple background, how it is different from Bitcoin?
5:22 SEC lawsuit, CEO front running the story
6:19 Jason breaks down the SEC Complaint
27:31 Lessons learned
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Dive a little bit deeper next time, you're missing a lot of information that absolves the other side of the isle.
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