It’s embarrassing to watch an unelected bureaucrat flail like this to mask the fact that he and his agency don’t have the power that he so desperately craves. No one is fooled.
If it wasn’t already clear, it should be now – Chair Gensler’s laughable “pro-innovation” stance (as he said today), is exactly the opposite. What this also tells me is that the SEC is throwing lawsuits at the wall and hoping they distract from the agency’s FTX debacle.
And after the Supreme Court’s decision in West Virginia 🆚 EPA, I have zero doubt that the current makeup of the U.S. Supreme Court will rule in favor of @Ripple if it goes that far. The SEC did not limit its allegations to only apply to Ripple’s sales of #XRP. It went too far.
A year ago I tweeted out Hinman collected $15M and it didn’t seem like “retirement benefits.” Many #XRPHolders agreed. Then we learned, through the efforts of @EMPOWR_us, that the SEC’s Ethics Office AGREED with us. It wasn’t a pension. He was an ongoing profit sharing partner.
Im So Bullish On The Market At These Prices But I Might Be The Only Bull Left
Everything Looks Extremely Oversold To Me
While I Didn’t Expect These Levels I Believe These Are Excellent Entries
I Think We Have One Run Up Left Before Shit Hits The Fan
Make Your Own Decisions