Thank you @SenatorTimScott and the entire Senate Banking Committee for hosting its first hearing on comprehensive crypto market structure legislation today. In a refreshing change from the rhetoric of the Gensler years, every Senator affirmed that crypto technology is here to stay and deserves rules of the road.
The legislative process is rarely simple, but we’re past the starting line, and that in and of itself is a MAJOR step that gives me hope that the US can make up for lost ground.
Freedom. Democracy. Opportunity. 🇺🇸
Crypto is financial independence, powered by technology.
Managing your own assets.
Building a future on your own terms.
Today, we celebrate freedom in all forms.
The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company.
This is a victory for Ripple, the industry and the rule of law. The SEC’s headwinds against the whole of the XRP community are gone.
OK - now US v. Bankman-Fried hearing on possible remand of SBF to jail for intimidating witnesses, including leaking Caroline Ellison's Google Docs (still sealed) to the NYT. Inner City Press moved to unseal https://t.co/wkt4FqxJGD & will live tweet, thread below
1/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.
A chart by @mirandahalpern with the latest pitchbook data showing the quarter-by-quarter deal activity for all-female teams and mixed-gender teams.
"This Q1, there was a 53% year-over-year decline from the $1.7 billion all-female founding teams raised in Q1 2022."