@DeepBlueCrypto Happily agree with the Rep Reeves and she should participate a real boxing competition with a trans'ed woman to illustrate she is equal to him! Keep fighting with teeth falling out, be brave, be smart!
A Howey analysis is a fact intensive exercise. From the moment Judge Rakoff denied Terra’s Motion to Dismiss, I’ve said comparing the two crypto cases is like comparing two auto accident cases, with completely different facts. But since people want to compare, let’s compare:
For the Terra case, imagine a drunk driver, looking down at his phone, texting someone, while driving 75 mph, after driving past a sign indicating a 35 mph speed zone, who then rear ends a car sitting at a🚦, causing that sitting car to ram into innocent pedestrians. The Government charges the Terra 🚗 driver for causing the accident and hurting those innocent pedestrians. The Government wins the case on all counts.
For the Ripple case, imagine a car driving 45 mph on a road that has no sign indicating the speed limit. The Ripple 🚙 gets pulled over after passing a 👮with a radar gun on the 🚙. The 👮 pulls the Ripple 🚙 over, but doesn’t give it a speeding ticket. Instead, the 👮♀️ says the registration sticker was expired and so the Government (ie FinCEN) fines the car $700 bucks and tells Ripple to make sure it always registers with that particular precinct. After issuing the registration ticket, the 👮 let’s the Ripple 🚙 keep moving forward, never telling the 🚙 it was also breaking the law by speeding. The Ripple 🚙 continues driving on that same road for over five years, always maintaining a 45 mph speed limit. While driving on the same road one day, a police car 🚔, driven by a dirty 👮♀️, on his last day of duty, runs a red🚦and hits the Ripple 🚙. The accident causes innocent pedestrians, caught in the middle of the crash, while waking 🚶♂️ 🚶♂️across the street, to be seriously injured. The Government then sues Ripple, claiming its 🚙 had always been speeding and also claiming Ripple caused the accident and thus, injured the innocent pedestrians.
During the Government’s case against Ripple, in addition to Ripple’s legal team out classing the prosecution team, the innocent pedestrians 🚶♂️ 🚶♂️ speak up, telling the judge what happened from their eyewitness perspective.
The government’s case against Ripple is successful only in the fact that Ripple must pay a fine for speeding but the government loses the count claiming Ripple caused the accident, and Ripple is cleared of any damages related to those innocent pedestrians.
Now you can compare the two cases.
🚨NEW: @elliptic, the firm that the Wall Street Journal cited for some of the data used in its article entitled “Hamas Militants Behind Israel Attack Raised Millions in Crypto” and which @SenWarren used in her recent letter to top security officials, says there is NO evidence to support the assertion that Hamas has received significant volumes of crypto donations.
They also say they have engaged with the WSJ and Senator Warren’s office to “correct misinterpretations” and “ensure that the relevant parties have a proper appreciation of the complexities and nuances of analyzing these wallets.”
Full release here:
https://t.co/MMPNRaMzxI
@EndWokeness The West govs are not stupid and they will not learn from Israel, because they are the ones bringing in the illegal immigrants to change the voting demographics.
It's outrageous and mindblowing! Watch this - it's undeniable: the Ethereum crooks bribed the SEC and the corrupt SEC did everything to create an illegal monopoly. If you only watch one video today, watch this. The SEC is a criminal organization and @HesterPeirce is complicit.
Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it - and felt like it warranted some personal comments.
We should introduce Twitter News.
It would be a 20 minute clip each day covering the most relevant topics from an unbiased viewpoint. No political agenda, just facts.
Thoughts?
I’ve watched and fought bullies my entire life. Gensler is the quintessential bully. He’s the boy who didn’t get picked to play the first full court basketball game so he took his 🏀 and left. I’ve talked to people who’ve been in the room with him and he insists on showing everyone he’s the smartest guy in the room - the same child prodigy that became the youngest partner in Goldman Sachs’ history. He’s disliked by everyone.
He was cutting a deal with the biggest fraudster in Crypto @SBF_FTX and ready to give a regulatory advantage to @FTX_Official - an offshore exchange - while screwing @coinbase - an American exchange. @GaryGensler is a bad man. Full Stop.
I want to thank my special guests for agreeing to share their unique perspectives on the Hinman emails. @attorneyjeremy1 has read every pleading filed in the @Ripple case over the last 2 1/2 years and no one knows the case any more or better than he does. He’s been a vocal advocate and supporter of #XRPHolders as well as their counsel.
But @CryptoLawUSTV is not interested in producing an echo chamber of any sort and some of us do suffer from confirmation bias. That’s why I invited @Marc_Fagel, who has respectfully taken the other side at times, including disagreeing with me. He’s worked as an SEC enforcement lawyer and as a defense lawyer fighting the SEC. He brings a unique perspective unlike the rest of us.
@CecereCarl filed a motion to intervene on behalf of @RoslynLayton fighting to make sure the emails wouldn’t be sealed from the public. We will get his take and whether the June 13 ends his quest.
Plus, we may have a surprise or two in addition to the above. All on the 5th Anniversary of the Hinman Speech itself.