@DOGE_SEC Look into the AMC blunder and the unsolicited Delegation of AMC shares to antera capitol. The SEC has to be involved. That was a massive scandal filled with dark pools, zombie & synthetic shares, etc.
This video from @digitalassetbuy needs to be shared.
It watches like a comedy video, but the reality of it isn’t funny.
Everything they are trying to say about crypto they are guilty of themselves and far, far worse for far, far longer…
https://t.co/IwcDOAWqg1
If it wasn't obvious before, it's certainly obvious now: The SEC has a deliberate policy preference to provide LESS clarity to the marketplace instead of more clarity. Complete disservice to our great capital markets.
Today was an even better day.
Ripple: 3
SEC: 0
In all seriousness, Chris and I (in a case involving no claims of fraud or misrepresentations) were targeted by the SEC in a ruthless attempt to personally ruin us and the company so many have worked hard to build for over a decade.
The SEC repeatedly kept its eye off the ball while secretly meeting with the likes of SBF – failing again and again to protect US consumers & businesses. How many millions of taxpayer $ were wasted?!
Feels good to finally be vindicated.
The most important part of this ruling:
“XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract.”
This is a now a matter of law (not up for trial.)
This is great news for all who have fought for this entire space, even those who believe Ripple did wrong. The thing I got right most about this case is that at the beginning I said Judge Torres was a great judge to draw. Great day!
The Hinman emails help @coinbase, #ETH and @Ripple’s fair notice defense. How much it helps anyone in a courtroom is yet to be seen. But in the Court of Public Opinion and in Congress, the emails should help drive attention to how hypocritical and reckless the SEC is being.