Maxi Tilt

[Maxi Tilt @Maxi_Tilt]

@TheBlock__ https://t.co/2B9XgrKf1K

[Stuart Alderoty @s_alderoty]

The @SEC is raging. Ripple defended itself - “agreeing to nothing.” The court gave clarity that XRP is not a security. There are no “victims” to compensate. And worst of all for the @SEC, Ripple is thriving. But at least @SEC seems to have abandoned its absurd demand for $2B.

[Maxi Tilt @Maxi_Tilt]

@Cointelegraph @SECGov @Ripple https://t.co/2B9XgrKf1K

[Stuart Alderoty @s_alderoty]

The @SEC is raging. Ripple defended itself - “agreeing to nothing.” The court gave clarity that XRP is not a security. There are no “victims” to compensate. And worst of all for the @SEC, Ripple is thriving. But at least @SEC seems to have abandoned its absurd demand for $2B.

[Maxi Tilt @Maxi_Tilt]

@real_herzog @MortensenBach By reducing the treasury redemption cap, the Federal Reserve is effectively signaling that it will be less aggressive in pulling liquidity out of the financial system. This can lead to lower yields on bonds and make equities and other risk assets more attractive

[Maxi Tilt @Maxi_Tilt]

@real_herzog @MortensenBach Especially after deciding to hold interest rates steady at 5.5%. Slowing the pace of balance sheet reduction could be considered bullish for risk assets.

[Maxi Tilt @Maxi_Tilt]

@DanielJOase @MetaLawMan @Consensys 😂 tbh I never thought my crypto journey would lead me into the realm of court documents 📃

[Maxi Tilt @Maxi_Tilt]

@DanielJOase @MetaLawMan @Consensys This one was also pretty interesting 🧐 after tweaking the request

[MetaLawMan @MetaLawMan]

Two of the SEC lawyers involved in the Debtbox case have been pressured to resign.

But the Court found that the misconduct in Debtbox was not isolated to a couple individuals, but rather there was "pervasive misconduct [demonstrating] a pattern of organizational bad faith and broadly implicates the Commission itself."

Picking a couple scapegoats to throw under the bus does not equate to real accountability when the problem is endemic to an organization.

Below are 7 steps I recommended for true accountability for the SEC's egregious misconduct in Debtbox.

As far as I know, not one of these steps has been taken. 👇

[Ripple @Ripple]

BREAKING: @Ripple will never ask you to send us XRP. Ever.
Neither will Brad, David, Monica, Stu, or anyone from Ripple.

Learn how to protect yourself from scams: https://t.co/ikEFe4uf3r

[Paul Grewal @iampaulgrewal]

We appreciate the Second Circuit confirming today what is clear under the federal securities law: there's no private liability for the secondary trading of digital assets on exchanges like Coinbase. Why? Because contracts matter. 1/2

[Brad Garlinghouse @bgarlinghouse]

To put it mildly, its embarrassing for @CoinDesk.

It's embarrassing for the industry. But as @Kirjakulov points out - these are the kinds of people (a 'deputy editor') holding the whole industry back.

Childish antics masquerading under what should be a credible brand that leads coverage of the Crypto industry...

[David 'JoelKatz' Schwartz @JoelKatz]

A high-quality USD stablecoin on the XRPL – with its decentralized exchange and features like issued currencies, auto-bridging (that uses XRP as the native currency to facilitate trades between other assets), and the AMM — will be a gamechanger for users and devs.

[Uphold @UpholdInc]

🚨 BREAKING!

@Ripple announces plans to launch a USD-backed stablecoin natively on the XRP Ledger and Ethereum!

[Robinhood Crypto @RobinhoodCrypto]

The future of crypto is multichain! @Ripple just announced plans to launch a USD-backed stablecoin natively on the XRPL and ETH. Looking forward to seeing another high-quality stablecoin join the market.

[Ripple @Ripple]

1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility.

That's why later this year we’re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.

https://t.co/tRjS1DnqXj

[Brad Garlinghouse @bgarlinghouse]

Launching a stablecoin is a natural step for Ripple as we bridge the gap between traditional finance and crypto. We have 1/ the years of experience 2/ regulatory footprint 3/ a strong balance sheet and 4/ a network with near global payout coverage, to offer the best of crypto-enabled payments using XRP and our (future) stablecoin together.

[Stuart Alderoty @s_alderoty]

Dir. Grewal says the crypto enforcement unit acts with integrity, but ignores the DebtBox sanctions for “gross abuse of power,” the Ripple Judge’s admonishment for lack of “faithful allegiance to the law,” and the “arbitrary and capricious” finding in the Grayscale case.

[Roslyn Layton, PhD @RoslynLayton]

The @SECGov Came to Destroy #Crypto, Not to Regulate It https://t.co/om9JuEPot7 @InsideSourcesDC #CryptoNews #XRPHolders

[Stuart Alderoty @s_alderoty]

Re-read Wed.’s Coinbase ruling. Basically, the SEC sold the Judge a bill of goods that she had to accept as true at this stage of the case. Now comes the hard part - - producing evidence. My bet: the SEC is all hat, no cattle.