Discover and read the best of Twitter Threads about #xrp

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My wallets:
BTC: 37kJHRBLaiyfhmXGyTAJbCz3J2SzxRJbLw


Tag: 4200461204

If you think I'm kidding about Central Bank digital currency! Here's a job for you posted 27 days ago... but the passport wasn't planned in advance with this ;) Image
Read 5 tweets

Who was on the 63 emails that included a draft of the speech?

Where is Hinman’s public calendar?

Who purchased large quantities of #Ether between December 2017 to June 13, 2018?

$10k in #ETH ICO = a net worth more @GaryGensler👇
@ethereumJoseph received 9.5% of #ETH as a co-founder.

Everyone knows @VitalikButerin and Lubin held an ICO through crowdfunding which was without a doubt an unregistered securities offering.

Where was @SECGov?

Where is outrage from those that attack @Ripple & #XRP?
One River bet $1 billion on #BTC and #Ether in October 2020. Two months later on his last day at the @SECGov, Clayton directs the enforcement action against @Ripple and #XRP. Twelve weeks later, Clayton joins One River.

Clayton’s law firm represented Lubin and #Consensys.
Read 25 tweets
On whether CEL is a security

"The SEC basically said that everything is a security… everything besides #ETH & #BTC is a security… So Celsius since 2017 or 2018 has been behaving as if #CEL token is a security."


"There are several companies in court right now with the SEC—you know #XRP & a few others—who are fighting to change that definition… saying 'No, the sec is not allowed to decide what is a security or what is not. A judge & the jury are going to decide'"

"If a judge decides for #XRP, that may mean that #CEL token is not a security. If it isn't security we don't have to do anything…That's why…if you do an OTC we lock it up for a year, we're checking that you're accredited,…"

Read 5 tweets
Consider the following:

Clayton and Hinman worked closely together before the @SECGov. Clayton brings Hinman on board to join him and the #SEC.

Joe Lubin @ethereumJoseph is co-founder of #Ether and founder of #Consensys.

Clayton’s law firm represented Lubin and #Consensys.
Hinman’s law firm was on the Board of the #EtherAlliance and represented clients involved with the #Ethereum Foundation.

Hinman met with Lubin and Consensys prior to his June 14, 2018 #BTC and #Ether are not securities speech.

Lubin was part of the Hinman speech conference.
In October 2020 One River makes a $1 billion bet on #BTC & #Ether.

2 months later on his last day at the SEC Clayton directed the filing of the enforcement action against @Ripple @bgarlinghouse & @chrislarsensf asserting the ridiculous claim that even Today’s #XRP is a security
Read 7 tweets
In the Hinman deposition it is mentioned that attorney Brian Rabbit was present at a meeting between Hinman & Clayton and @bgarlinghouse and @JoelKatz.

Attorney Rabbit was Senior Policy Advisor to Chairman Clayton at the time. Meet Brian Rabbit 👇…
Attorney Rabbit was at this meeting wherein Brad Garlinghouse informs Clayton that @Ripple was living in “purgatory” because of the lack of clarity regarding whether #XRP is or is not a security. Of course, Clayton never responded back to Garlinghouse that #XRP is a security.
The only thing more ridiculous than the @SECGov claiming today’s #XRP is a security is the @SECGov’s argument that the Hinman speech was only his personal opinion and not meant to be guidance by the #SEC.

@digitalassetbuy found Brian Jackson discussing the Hinman speech.
Read 4 tweets
1. The truth behind the Rise of #Cardano #ada EXPOSED. How the market cap of ada will soon drain into #XRP. Facts only. 1. Early investors of Cardano started putting mass amounts of pressure on Charles Hoskinson @IOHK_Charles. Investors were getting very frustrated 🔽🔽🔽🔽🔽
2. at C.H due to his endless delay's in "Tech" and price of @ADA going down over 95% during the bear market (straight from the horses mouth @IOHK_Charles).
C.H saw the perfect opportunity to pull off the perfect scheme. A scheme that brought Billions of $ into ada 🔽🔽🔽🔽
3. therefore giving the early investor the opportunity to cash out. And it was all done through the #xrpcommmunity. When the SEC lawsuit was announced, the price of #XRP crashed over 70%. $XRP investors were like chicken's with their heads cut off. 🔽🔽🔽🔽🔽🔽
Read 8 tweets
@digitalassetbuy and #XRPCommunity add this to the mounting evidence regarding conflicts of interest and self-dealing.

It appears Hinman sent his speech to only one commissioner - Jay Clayton.

Why wouldn’t he get input from #CryptoMom @HesterPeirce?

[see Hinman testimony]👇
He said he didn’t “feel the input was worth the extra delay.”

He didn’t seek input from the commissioner who arguably is the most interested and most familiar with the digital asset space and who recommended a Safe Harbor provision for the asset class? Yea, makes perfect sense.
We already know that Hinman’s law firm Simpson Thatcher was on the Board of the #EthereumAlliance.

And now from the testimony above we know which law firm represented Joe Lubin and Consensys during all this suspicious activity:

Jay Clayton’s law firm, Sullivan & Cromwell. Wow!
Read 4 tweets
This is significant evidence in @SECGov 🆚 @Ripple & and even more significant evidence in #XRPHolders 🆚 @SECGov.

@CRYPTOcounselo2 does a great job summarizing the relevant statements and admissions contained in the video shared. Read the thread.

Some additional thoughts:
Amy Starr is likely one of the fact witnesses from the #SEC that #Ripple elected to depose in addition to William Hinman.

Her name was brought up in the Hinman deposition. See pic 👇

In the Consensus 2019 video Amy states “we have people that really understand the technology.”
Amy Starr states that at the #SEC “we developed an expertise” in blockchain technology and that at the #SEC “we participate internationally.”

Why is this all significant? One, #XRP was internationally recognized as a non-security!

Two, the #SEC was an expert and understood
Read 15 tweets
A @SECGov 🆚 @Ripple 🧵

For the first time ever in a non-ICO case, the @SECGov is asserting that the digital asset itself - #XRP - is a security.

That absurd argument not only violates common sense but it’s in direct contradiction of over 70 years of case law and precedent.
In the #Howey case in 1946, there were two contracts in play between the investors and the W.J. Howey Co:

(1) a purchase and sale contract for the Orange 🍊 Groves;

(2) the investors signed a service contract hiring Howey to handle everything (from planting thru selling).
The Supreme Court found that the entire “scheme” taken together constituted a securities offering.

The Supreme Court NEVER said or implied that the oranges 🍊 were securities.

73 years later in 2019, the SDNY handed down the #Telegram case.

Telegram was a typical ICO case.
Read 16 tweets
🚨BREAKING: Govt watchdog group files lengthy FOIA request demanding access to internal @SECGov documents and records targeting Jay Clayton, William Hinman and Marc Berger over "potential conflicts of interest" on crypto while in office (1/7) 👇…
(2/7) "We write today seeking information regarding the appearance of conflicts of interest by former high-level officials at the SEC relating to cryptocurrencies. It is in the public’s interest that the government’s emerging regulatory approach to cryptocurrencies is based on.."
(3/7) "...objective legal principles, without the appearance that conflicted SEC officials may be picking cryptocurrency winners and losers based on personal financial interests. The way in which these former SEC officials declared whether particular cryptocurrencies..."
Read 7 tweets
1/ Trading edge... you hear the word all the time... and most will never find it, but there's incredible opportunities in Crypto that are so mind boggling simple and few know about it. Here are many examples of simple strategies that rarely work for stocks but work for Crypto
2/ Examples are starting with 10K and only investing 10k Per trade, 1st is only using MACD for entries and exits
3/ 1st column is cumulative stats, 2nd column is Long stats, 3rd is short (mostly focused on long, but some instruments do have edge on the short side) Here on $BTC a simple MACD strategy not only has >50% win rate, ratio win/loss is OVER 6 #BTC
Read 13 tweets



August 9th 2021 day 220 of the year

with 144 days left in the year

Day after 8/8 Lions Gate
Sunday to Moonday

88 days after May 13th Sunshine Act Meeting



August 9 2021

13 | 31 | 15 | 51

Read 4 tweets
Gensler: “We’re gonna go after all these cryptos. The only ones that will still be around are the ones that survive the fire of our lawsuits.”

Gensler: "The only way any crypto will reach salvation is by accepting the SEC as their Lord and Savior. REJOICE!"
Gensler: "The CFTC is a cute little commission, but we all know the SEC is the real Tony Soprano of the government, amirite??"
Read 4 tweets
One problem for DeFi in remittances is that it may require additional licensing to comply with more securities regulation. Stablecoins have a use, but hit liquidity problems in sticky corridors. Solution? #xrp & #Ripple for on demand liquidity.
One problem for Ripple seems to be gateways, where $ enters the network. ODL solves it in the specific instance, but generally more gateways are necessitated. There, market makers are incentivized w/ margins, but what new, non-crypto xchange gateways might emerge? (ex., Xago?)🤔
And then there are OTC sales and dark pools to figure out, too, I guess.
Read 4 tweets
Market Update: Ufortunately I'm still reading some bullish tweets on twitter. I have mentioned several times now, that whales are buying to dump afterwards. That's happening since our big dump phase in May.

As long we don't have a clean regulation framework, big money will stay away. So, in my opinion traders telling you that whales are accumulating don't have any idea how institutional investors really work. As management consultant I have spend many years advising banks in
different matters, but in the last years mainly in meeting the requirements of the regulatory authority. When I tweet something it's my opinion, based on my experiences, but trust me, I'm honest always to you and I don't have any interest to let you bleed.
Read 9 tweets
JUST ADDED to our Document Library:
✅Letter from @bgarlinghouse & @chrislarsensf to Judge Torres noting recent statement by @HesterPeirce & Elad Roisman blasting @SECGov's "significant regulatory uncertainty" supports their Motion to Dismiss (1/3)👇…
(2/3) The letter states that it couldn't have been so obvious to Garlinghouse & Larsen years ago that #XRP is a security when 2 commissioners publicly admit today the @SECGov's "decided lack of clarity" on tokens is so bad that...
(3/3) ...“the only certainty we see is that people have questions about how to comply with the applicable laws and regulations.” 🔥
Read 3 tweets
Chart Apps, Indicator and M_Analysis list by Inspo:

Heatmap showing Buy and Sell Order Books
bid/Ask Ratio. Detection of Buy/Sell Walls and Trade Activities

#BTC #ETH #XRP #Crypto #Analysis #Tools #Indicators
Charts incl. a lot of diff. indicators
BB (Bollinger Bands)
MA Cross
Volume (2000)
GC (Gaussian Channel)
Read 6 tweets
Good morning folks!

Here a little update of what I'm expecting for today but maybe even for the whole week.

Whales created at Bitfinex big order walls at 32k for selling and 31.5k for buying. So, #BTC should bounce in that areas.

That makes our trading range tiny.

Whales also formed big buy walls at #Binance in the area at 30k and below, but a huge one at 28.2k

Keeps positive showing a selling pressure generated by whales.
Keeps on low level. There are no great trends in either inflows or outflows. So, nobody is buying big or selling big right now.

The indicator shows us when market actors sell with profit or not. When the indicator is below 1 traders sell with loss,
Read 5 tweets
As expected we've bounced on (1) BOLL oversould. Now I'm preparing my next short as I have missed my predicted entry yesterday. I had to decided between a good entry price or have some sleep. 😜 Now I'm checking the market to see if #BTC (2) holds the line at

#BTC #ETH #XRP Image
31.7k or cross that one to dump. I think it need a bit of time to cross this one if they are not dumping hard. To dump hard they accumulate #BTC first with a trap pump. That's what I'm waiting for now. I guess the current try will fail again, #BTC will pump to retest that area
afterwards with another try. The peak of this pump is my new entry price. I guess it will be between 31.9k and 32.05k. Patience is key. My next point of interest is (3) where we will reach the BOLL oversold. If we cross this one and maintain below, we will shift to a lower level.
Read 4 tweets
One reason of many why the Hinman Deposition is a BIG DEAL:

Excerpt of Hinman Speech:

“And putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure,
current offers and sales of Ether are not securities transactions.”

Hinman met with a founder of #Ethereum 1 week before the speech and again afterwards.

1) Putting aside the fundraising is a BIG ASIDE;

2) What did the founder say that helped form his “understanding”;
3) @Ripple’s lawyers will have him walk through his “understanding” of decentralization;

4) have him admit he communicated his understanding to market participants which created the standard within the market;

5) show that #XRP’s decentralization meets that understanding; and
Read 4 tweets
It is without question or debate that #ETH started out as - and fit perfectly - the definition of an investment contract (aka security).

Way more than #XRP ever could.

In the clip shared by Eri, a co-founder admits that #ETH started as an #ICO.

They raised $18 million from
9k people around the world. At the time of #ETH’s ICO, the #ETH blockchain WAS NOT yet developed. It was developed one year later using the $18 million.

This exact scenario was shutdown by the Court in the #Telegram case.

@novogratz bought 500k #ETH and @VitalikButerin stated
that without that purchase of #ETH the Ethereum Foundation would not have survived. Vitalik also stopped the exchanges from trading #ETH on a particular occasion (with good intentions). These examples are not representations of decentralization, however.

Please know that I own
Read 4 tweets
HEARING: Judge Netburn calls Hinman's 2018 #ETH speech "the central question" of this hearing. She called the SEC's bluff by essentially asking - if it was just his personal opinion, why can't he sit for a deposition and answer questions about it?
SEC denies "any such tension exists" even though SEC staff participated in the drafting of the speech and it was all "pre-decisional" -- which is where Netburn stopped the SEC lawyer to say, "Pre-decisional? That means a decision was made...."
The SEC argues that the agency does not "speak" through its staff or individual commissioners but only through no action letters or enforcement actions, so anything Hinman ever said is privileged as "deliberative". Netburn pauses for a long time.
Read 19 tweets
OK - now #XRP crypto case of SEC v. Ripple a proceeding before @SDNYLIVE Magistrate Judge Netburn, on SEC trying to quash deposition of Hinman… Inner City Press asked IMF today about #BTC ElSalvador & Paraguay; will live tweet, thread below
Judge Netburn: I have before me the subpoena seek to depose former SEC official Hinman, and the SEC application to quash. SEC?
SEC's lawyer: If official have to testify, years after, it would have a chilling effect.
SEC lawyer: Let me cite again your Honor's decision in the 9/11 case. From Page 14 of your decision, you raised the issue of repetition and [wait for it] ripple effect. The burden on Ripple here is high, and they have not met it. Any questions?
Judge Netburn: Yes
Read 21 tweets

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