“Okay, convince them 80k is the generational bottom.
Good. Now wake satoshi from cryosleep.
Make him transfer all 1m btc to coinbase and full stack hitler it.
Excellent, now trigger total market extinction. Zero all assets.
Perfect, mark CIA Experiment 10286 as complete.”
Biggest fumble in History
> owns the Bitcoin handle
> does nothing but post price & retarded ai memes
> pivots to weather posting?
What the hell man
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes.
That’s all folks!
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let's build.
🚨SCOOP: Two well-placed sources tell me that the @SECGov vs. @Ripple case is in the process of wrapping up and could be over soon.
My understanding is that the delay in reaching an agreement is due to Ripple's legal team negotiating more favorable terms regarding the August district court ruling, which imposed a $125M fine on the company and included a permanent injunction preventing the company from selling $XRP to institutional investors.
The argument, I’m told, is that if the new SEC leadership is wiping the enforcement slate clean for all previously-targeted crypto firms because it believes regulatory clarity will resolve the underlying issue, why should Ripple still be penalized? Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred.
There’s no real playbook for this kind of thing which could explain why this case is taking longer to resolve than the rest. Stay tuned.
I don't like being gaslit by the Crypto Czar. Clearly XRP, SOL, and ADA were not named merely because they are top 5. ADA is not top 5. ETH is 2 and was not mentioned. And on top of that, the language on Sunday was "Strategic Reserve" not "Stockpile". Nothing said today adds up.
Watching this PR cleanup is quite embarrassing. No one is "reading into it too much", they're simply walking back the most direct and important announcement in US crypto history days after it happened.
I actually think all of this is incredibly bullish for crypto and all would have been well and good to announce yesterday, if it had not been for the tweet Sunday.
So why did that happen? Why did Charles and Brad not know about it or celebrate it? Whoever is rolling out these crypto announcements failed the public by communicating like this.
@DavidSacks, just admit the announcement Sunday was not true, or since it was announced, you pivoted. But please don't pretend we all read into it when it was written in plain and direct language.
Several top crypto exchanges now offer a "US Strategic Reserve" trading fund with BTC, ETH, XRP, SOL, and ADA. Obviously these exchanges, as well as the entire world thought what was announced was in fact what was announced.
You will quickly become unpopular if you treat us like we are dumb.
I look forward to more clarity on how this will work. The Ripple case ending. Tax-benefits for crypto. And other bullish news. But whatever you do, announce it and stick to it, please.