Only 5 days to go: On January 9th at 1pm EST, the announced Space with Elon Musk and me will go live on X.
Nur noch 5 Tage! Am 9. Januar ab 19 Uhr findet der angekündigte Space mit Elon Musk und mir auf X statt.
@attorneyjeremy1 Have fun in one of the most beautifull cities in the world. Its one big open air museum with nice friendly people. Ps not a local myself but been there twice.
🚨JUST IN: Coinbase has announced that it will remove USDT from its platform in the European Union due to compliance issues.
Tether is becoming increasingly unstable.
The battle is over; #XRP has emerged victorious.
RLUSD is now the preferred choice over USDT.
Get ready for #XRP to soar!
Initial thoughts on the SEC Appeal:
1. Big mistake by the SEC. It will appeal the programmatic sales ruling and IF it wins, it will get more money from Ripple and have protected no one. Ripple will raise its "Blue Sky" law issue and, if it wins, the SEC's ability to regulate the entire Crypto space is essentially destroyed. Not a good calculation of risk by the SEC (it would make a poor stock trader).
2. This is an appeal by right (not like when the SEC tried to appeal before), the trial Judge can't reject the appeal.
3. The SEC is very very likely to lose, both statistically and based on the fact-heavy way the Judge wrote her opinion.
4. Even IF the SEC were to "win" on appeal, it's very very likely just a matter of money - nothing would change as to XRP and its use by Ripple.
4. In a couple weeks we'll know what issue(s) the SEC is appealing and then it must file its first brief by mid-December. It will NOT (and cannot) be appealing that "XRP is not a Security." Importantly, watch for whether the SEC is appealing the injunction.
5. A ruling from the Appellate Court won't happen until late 2025/early 2026. I posted it would take until Summer 2025 a couple months ago - I was wrong about that sorry!
6. I refuse to believe that Attorney Grewal announcing he's leaving the SEC the same day the appeal is filed is just chance. But I'm kooky like that.
7. The only hope of this all being over soon is if there's new leadership at the SEC. If Trump becomes President again, I will humbly accept the role of Director of Enforcement and refocus the agency on protecting you from scams, frauds, and thieves.