The wait is almost over — $SOON is coming in hot, courtesy of @tonstationgames. Season 2 around the corner; let’s crown the king, people! Mega Airdrop in the works. Don’t miss your soooon: https://t.co/or6YbU8nZ1 #SOON#tonstation
Today, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual assets regime – allowing licensed firms in the Dubai International Financial Centre (@DIFC) to incorporate XRP into their virtual asset services.
Learn more: https://t.co/JNcd4ROhoI
Although Ran is correct that an appeal by the SEC will happen sooner because the SEC chose to dismiss the case against @bgarlinghouse and @chrislarsensf (because the April 2024 trial will now not happen), it is incorrect to say the SEC can appeal immediately.
The penalty phase of the case must occur first. Let me provide some perspective:
The summary judgment decision in @LBRYcom was handed down on November 7, 2022. The final judgment that became appealable was entered on July 11, 2023 - EIGHT MONTHS after the ruling. The appeal was filed September 7, 2023.
During those 8 months there was additional discovery, including interrogatories, requests for production of documents (bank statements, etc) and deposition testimony. All followed by filing written briefs and conducting oral argument.
In LBRY the SEC started out wanting 23 million in fines, disgorgement, etc. But in the end, the SEC asked for $130K fine.
Arguing over 23 million took 8 months. In the Ripple case we’re talking about $770M. Ripple will argue ODL transactions should be exempt, along with legitimate business costs (salaries, advertising, travel, insurance, etc). The SEC wants the whole $770M to make up for being embarrassed, including having to dismiss the bogus charges against the executives, it could never prove.
There will be no immediate appeal. Finally, the SEC didn’t dismiss this case because it wanted to get to a faster appeal. It dismissed the case because it didn’t have a chance in hell to win and the witness list of subpoenas for certain individuals to testify was going to be interesting, to say the least.
@KamalaHarris@JoeBiden Read it S-L-O-W so you can understand. Shall NOT Be Infringed. We know our rights. You are not taking them from us because they are not yours to take. Our rights come from God, not you or the gov’t. Why don’t you focus on shutting down the border, you know, something productive!
Caroline Ellison of FTX admits that Sam bribed Chinese officials with $100M to unfreeze their assets, purposely tried to scam Saudi investors in the final days of FTX, intentionally tried to sic regulators on Binance to destroy his competition, and it's only lunchtime.
🚨🚨Breaking News🚨🚨 Ex-girlfriend Caroline Ellison and Sam Bankman-Fried are alleged to have plotted to manipulate #Bitcoin prices by selling customer BTC, keeping it below $20k.
Caroline Ellison from #FTX reportedly confessed that Sam attempted to unfreeze their assets by offering $100M in bribes to Chinese officials. Moreover, there are claims of Sam's intentional efforts to deceive Saudi investors during FTX's closing days, as well as an alleged attempt to involve regulators to harm Binance, all in a single morning. 📰 #CryptoNews
BREAKING: Here is every US politician in Congress who currently holds stock positions that directly benefit from war in the Middle East:
Alan Lowenthal
Andrew Garbarino
Bill Hagerty
Blake Moore
Bob Gibbs
Carol Miller
Christopher Jacobs
Daniel Goldman
David McKinley
Dean Phillips
Debbie Schultz
Deborah Ross
Diana Harshbarger
Donald McEachin
Dwight Evans
Earl Blumenauer
Fred Upton
Garret Graves
Jerry Moran
Jerry Moran
John Curtis
John Yarmuth
Josh Gottheimer
Katherine Clark
Kathy Manning
Kevin Hern
Kurt Schrader
Lois Frankel
Maria Salazar
Marjorie Greene
Mark Green
Michael Guest
Michael McCaul
Mike Kelly
Mike Simpson
Mo Brooks
Patrick Fallon
Rick Allen
Ro Khanna
Robert Wittman
Roger Marshall
Scott Franklin
Shelley Capito
Steve Cohen
Susie Lee
Thomas Carper
Thomas Suozzi
Tommy Tuberville
Trey Hollingsworth
Virginia Foxx
William Keating
Zoe Lofgren
My report is coming soon. Be ready.
BREAKING: Congress has been buying war stocks.
Many bought defense company $GD, General Dynamics.
Numerous Republicans bought heavy into oil + energy companies, with buys in $XOM, $DVN, $CVX.
Democrats bought cybersecurity like $FTNT.
These companies lobby Congress heavily.