@Belisarius2020 How is this going to work? So unregistered securities were sold but because no harm was done so there can’t be any implication? It’s a waste of time and effort for SEC if the outcome is zero dollar.
1. Wow... The @SECGov under @GaryGensler has had over 25 instances in which the agency staff responsible for bringing & prosecuting enforcement actions had access to documents created by the staff responsible for advising the commission on how to rule on those enforcement actions
@Belisarius2020 Basically it’s the act of selling that was alleged as selling securities, however we are also arguing the underlying under sale is NOT securities…
Hooks give the freedom to tailor apps to your specific needs & requirements.
Implement business logic & your own rules.
Read our new blog post to find out how Hooks brings native smart contracts to the XRPL:
https://t.co/TNMKytfrXS
#XRPL#smartcontracts#blockchain#build
@JohnEDeaton1 How is this different to companies like Exxon selling oils to fund their daily operations? Only difference is customers of Exxon have no expectations for Exxon
@Belisarius2020 I doubt they will settle. It’s too much at stake now for both parties such that I think it’s either going big or going home for both of them
@attorneyjeremy1 Now.
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Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech). While they remain confidential for now (at the SEC’s insistence), I can say that it was well worth the fight to get them.
The SEC wants you to think that it cares about disclosure, transparency and clarity. Don’t believe them. When the truth eventually comes out, the shamefulness of their behavior here will shock you.
I want to publicly thank my team at @CryptoLawUS. There are 440 exhibits filed under seal. Many of those 440 exhibits are multiple pages (maybe even hundreds of pages in some exhibits). A lot will be made public by Monday. These filings will likely be more 🧨 than the last ones.
#XRPCommunity#SECGov v. #Ripple#XRP I-Remit, Inc. has formally filed its Amicus Brief in Support of the Ripple Defendants' Motion for Summary Judgment.
https://t.co/lKYDwvVzOY
Announcing a brand new resource to help developers get familiar with the various aspects of the #XRPL. Learn more about it here: https://t.co/JG99lW3uHo .