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🚀💼 #SECvsRipple: Despite their initial confidence, the SEC's case against #Ripple is looking increasingly shaky. Here are the top reasons why they're likely to lose. Grab some popcorn and let's dive in. 🍿👀 #XRP #Crypto $XRP 1/5
⚖️🔎 First up: Lack of clarity! The SEC has long struggled to provide clear guidelines on what constitutes a security. This lack of regulatory clarity puts them at a disadvantage, as Ripple can argue they were never explicitly told they were breaking any rules. #FairNotice 2/5
🌐💡 #Ripple's utility: XRP's widespread adoption for cross-border transactions and remittances is undeniable. This global use case strengthens Ripple's argument that $XRP is a currency, not a security, and therefore outside the SEC's jurisdiction. #XRPCommunity 3/5
#Barumbu
Les derniers ndule de #nganda environnants ekati. Le quartier est calme. De ma fenetre, nazo donker na parcelle voisine, qlqs Salomon - Vera bamitandi na pavement. Pongi ekipaka place te. Ekoleka. Bâtie Bleutoth, Gpe GAEL. De loin, un #wewa vient déposer une voisine.
Les derniers ndule de #nganda environnants ekati. Le quartier est calme. De ma fenetre, nazo donker na parcelle voisine, qlqs Salomon - Vera bamitandi na pavement. Pongi ekipaka place te. Ekoleka. Bâtie Bleutoth, Gpe GAEL. De loin, un #wewa vient déposer une voisine.
2. Le pire na heure oyo eza sentiments de solitude pour certain(es). Pongi leger. Trop de pensamentos. Mais savoir que les siens sont en paix, au chaud, réconforte. Et tu pries pour Djugu, pour Béni. Seigneur, sembola loboko. Pesa force. Ns ferons le reste. Pambola pe banguna...
3. Y a un petit dans ma rue. Nabengaka ye "libata". Façon aza têtu, maloba ya ba masta na ye eza lokola Mayi n'a nzoto ya libata. Soki abimi n'a mayi, apupoli, match esili. Akata tchik abanda ki wewa. 7 mois après, azui studio. Azui le pte sr na ye. Autonomie. Pambola ye, God.
RIPPLE’S DUE PROCESS CLAIM:
In @Ripple’s Answer it asserted a defense that the SEC should be barred from claiming #XRP is a security today because it violates Due Process and principles of Fair Notice. Previously, I discussed a similar concept called the doctrine of equitable
In @Ripple’s Answer it asserted a defense that the SEC should be barred from claiming #XRP is a security today because it violates Due Process and principles of Fair Notice. Previously, I discussed a similar concept called the doctrine of equitable
estoppel. I explained the law protects a party from being harmed by another party's voluntary conduct. That conduct may be ACTIONS, INACTION, SILENCE, or ACQUIESCENCE. Although the SEC never declared XRP a non-security, for EIGHT YEARS it openly traded in unison with #ETH and
1/ Merry Christmas to all celebrating today! I would like to pick up on a point made in the thread below by @BoulevardLP. H/t to @insideNiMA to getting the ball rolling and @r_ross_campbell for the shout out. Will be curious as to thoughts from @lex_node, @propelforward +others.
2/ First, although the Turnkey Jet no-action letter is helpful (as is the @DLxLawLLP letter for @BuyQuarters), undoubtedly the most developed and relevant statement on this topic from the SEC is their April 2019 Token Framework - sec.gov/corpfin/framew….
3/ In addition, although the term “utility token” is commonly used, I would argue it is very unfortunate and confusing. There is no formal category of “utility token” anywhere in US law. A token (or any other asset) either is or is not a “security”.
1/ oh gosh, please forgive me, @mhass33 and I just started writing this [THREAD] and now its gotten out of control....
@mhass33 2/ Over a year ago I began professionally following Ethereum. I made lots of friends, saw how valuable community is. Traveled the world, tinkered with my own dApps, analysed countless projects for token economics. I thought it would be good to publish my notes. Brace yourself
@mhass33 3/ Ethereum gets a bad rap in the crypto market today, its much more fun to hate it then appreciate what has been built and what can be built
coindesk.com/scam-or-iterat…
coindesk.com/scam-or-iterat…
