@Chicago_SEC Are you willing to offer one or more of your speakers to engage in a civil debate over an Howey analysis applied to cryptocurrencies? @CryptoLawUS will sponsor it. I mean this is your speciality area so it should be a cakewalk for any of your expert enforcement lawyers.
The #Dragonchain case could be the best example of the hypocrisy and madness of the SEC’s approach. #DRGN is an ERC-20 Token. If #DRGN is a security, #ETH has to be by design and definition. Unlike #ETH itself, the platform was fully functional for a year before a token was sold.
💯 REMEMBER:
Mary Jo White was Chair of the SEC until Jan. 2017. Clayton replaced her in May 2017.
Andrew Ceresney was Enforcement Director until Dec. 2016.
Matt Solomon was Enforcement’s Chief Litigation Counsel until Dec. 2016.
They are on @Ripple’s Defense Team. They know
69,511 #XRPHolders have joined and we have all 50 States and the U.S. Territories represented (see👇).
Internationally, we have 142 Countries represented.
Now you understand why the @SECGov wanted us out of the case and wanted me thrown out of Court.
#DecentralizedJustice
Do you hear that @GaryGensler?
90% of Gary’s wealth is managed by Vanguard. Gary, without authorization from Congress, is attempting to impose ESG disclosures on U.S. companies while his wealth is tied up in Chinese companies exempt from all ESG matters.
It is a disgrace.
He is not working with exchanges. He is telling them to agree with him that the tokens are securities so he can then claim Jurisdiction over the asset class through surrender. We need to unify and only accept his resignation.
#XRPNetwork has just hit a huge milestone. The amount of unique addresses currently interacting on the network has exceeded 247k in just a 4-hour window. This is the highest spike recorded since February, 2020.
https://t.co/duWBkalTyF
(5/5) But he has met at least seven times with representatives of the company managing his enormous personal fortune.
It's a fair question to ask: Is @GaryGensler working for you, or for himself?
https://t.co/XZrRjIOmH4
@BradSherman should be ashamed of himself. The SEC allowed @coinbase to go public listing XRP and other tokens he claims are unregistered securities after Coinbase met with the SEC and discussed it. Now Sherman supports suing Coinbase. What about the government’s accountability?
From the latest SEC filing:
“The Speech was not binding SEC policy--that is, a pronouncement of the Commission itself, the Commissioners appointed by the President with the Senate’s advice and consent.”
The head of the Commission: