I had a chat with Jimmy Vallee and the following is his response to the Ripple v SEC Hearing.
A 🧵
1/ Statement re: Hearing - SEC v Ripple et al
2/ SEC counsel’s statements before the Court and thousands of interested parties in yesterday’s hearing definitively proves the SEC v Ripple et al lawsuit was brought and continues in bad faith.
3/ The federal government’s on-going actions through this corrupted agency of the legacy banking system have (1) violated the SEC’s primary mission/duty to protect investors,
4/ (2) proximately caused trillions of dollars in damages to Americans and individuals outside of the United States, and
5/ (3) serves to this day as pretext for institutions, public companies and certain wealthy elites to manipulate digital asset exchanges and other markets relating to digital assets - in some cases by simply delisting XRP.
6/ Where are the honorable people in the federal government’s leadership that have not been compromised in this sham?
7/7 Let it be known to all involved - every politician, agency employee, attorney, business person and market participant - that your actions and willful complacency in this travesty shall be revealed and justice shall be served.
Statement screenshot messaged to me from Jimmy:
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