A huge win today – as a matter of law - XRP is not a security. Also a matter of law - sales on exchanges are not securities. Sales by executives are not securities. Other XRP distributions – to developers, to charities, to employees are not securities.
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.
BREAKING: SEC and @Binance agree on Order securing U.S. customer assets.
I would put this in the win column for the @Binance defendants.
The consent order is very close to what Binance offered to the SEC at the outset.
The important thing is--this is a consent decree and not a Temporary Restraining Order.
Why does that matter?
This means the Judge will Not make an early determination that the SEC has a "substantial likelihood of success on the merits" if the case were to proceed to trial.
The case will move forward with no early court determination that $BNB (or any other asset on Binance platforms) is likely to be a security.
Good job by the @Binance legal team.
And, in the end, the SEC acted reasonably in coming to this agreement.
https://t.co/BrnyMeTaOl
🚨#BREAKING: Vinyl Chloride, a deadly chemical has “contaminated the Ohio River due to train derailment 📌#EastPalestine | #Ohio The Ohio River, which serves over 10% of the US Population, has reportedly become contaminated due to chemicals from the East Palestine train derailment. The river supplies public drinking water to over 5 million people in addition to industries all the way to West Virginia, effecting over 30 million people who live in the Ohio River Basin.
🚨#BREAKING: Emergency Crews Respond To Deadly Train Derailment Near Houston 📌#Houston | #Texas Officials are now responding to another deadly train derailment near Houston, TX. Over 16 rail cars, carrying “hazardous materials”crashed, prompting Union Pacific to monitor air quality at the site of the crash, according to the Splendora Police Department.
Not a single story on CNN’s homepage
Not a mention on Drudge
Journalists are getting arrested for investigating the Ohio train explosion and animals are dropping dead miles away
What the hell is going on in Ohio and why is the media not talking about it?!
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