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#XRPCommumity
After processing the significance of the “Hinman Disclosures,” in my opinion the @SECGov’s case against @Ripple has collapsed in plain view of the entire world as there was no legal basis to bring the case.
After processing the significance of the “Hinman Disclosures,” in my opinion the @SECGov’s case against @Ripple has collapsed in plain view of the entire world as there was no legal basis to bring the case.
To the contrary, the @SECGov’s own internal view (based on reasoned analysis and memoranda) was that #XRP was not a security. This is consistent with the pre-lawsuit analysis of @ValhilCapital, @giancarloMKTS, @FinCEN_nUSA/@TheJusticeDept (XRP is a “virtual currency”) and others
The lawsuit was brought as a weapon against the American people to prohibit their participation in the public transition to a fair, equitable and transparent blockchain-based financial system and directed by agents of the CCP and other communist factions.
At this time, the only appropriate action is for the Second District Federal Court to enter a directed verdict in favor of @Ripple et al, order the @SECGov to reimburse @Ripple for all legal expenses and establish a fund to compensate retail XRP Tokenholders for their damages
This should occur immediately.
Following this remedial action, the US Congress should begin an investigation into the motives and actions behind the #ETH “free pass” speech and the lawsuit against @Ripple.
It is a tragedy that so many within our federal government became so corrupted. Justice must occur.
It is a tragedy that so many within our federal government became so corrupted. Justice must occur.
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