Mehmet Emin

[Mehmet Emin @mebastem]

@LorryLeKral @tirajnews Kral mesajıma bakma imkanın var mı?

[Mehmet Emin @mebastem]

@juliethardt

[Krippenreiter @krippenreiter]

[1/🧵] #XRPL — Automated Market Maker — Part 1/2

One of the most eagerly awaited improvements & developments to the #XRPLedger's subsystem within rippled, the so-called "Payment Engine".

Part 1 of this series will focus on the positive aspects that are unique to the $XRPL 🧵👇

[Evernode🪝 @EvernodeXRPL]

With a due sense of dread, we announce...

🎉XRP-HOLDERS AIRDROP: FIRST DETAILS🎉

XRPL Snapshot date: Friday 1 September at 6.00pm AEST

Read the following 5 posts for details... 1/6

[John E Deaton @JohnEDeaton1]

This is what you call flat out gas lighting or clueless on how to read a legal decision. Judge Torres’ ruling never said secondary market sales are not securities. She only said what you must do: you MUST apply the Howey factors to each transaction of the asset when deciding whether there is an investment contract, transaction, or scheme.

The correct answer, under the law, is a token sold in the secondary market, off an exchange, could be an investment contract - you don’t know until you apply the Howey factors to the circumstances surrounding the sale. Judge Torres used a second sale of the Howey Orange Groves as an example. If the second purchaser bought, not from Howey, but from the first buyer and was completely unaware of the Howey company and all that was communicated during the second sale was “do you want to by my acre of 🍊 groves” and the second buyer said yes and was planning on growing and selling the oranges himself - it is CLEARLY NOT an investment contract.

On the other hand, if the first buyer tells the second buyer: “buy this 🍊 grove and the Howey Company will do all the work for you - all you do is sit back and collect profits doing nothing” - you might have an investment contract.

That’s not even controversial. I’ve never seen so much fud over a simple legal ruling in my life.

[Matt Hamilton @HammerToe]

@BenJustman XRP is living rent free in so many BTC maxis heads. It is amazing how much they think about it.

[Cobb @Cobb_XRPL]

@CGasparino @Ripple Fox News “journalist” draws 300,000 views to a scam Ripple post and tells people it’s real

[Matt Hamilton @HammerToe]

@jakub_l_sawczuk XRP isn’t an organisation. It is a cryptocurrency. It is decentralised. I mean the XRP Ledger was one of the first blockchains with decentralised governance and resembles somewhat a DAO, before DAOs existed.

[Brad Garlinghouse @bgarlinghouse]

(and let's start planning that proper party!)

[David 'JoelKatz' Schwartz @JoelKatz]

That very clearly says that secondary sales of XRP are not securities unless they're packaged as securities just as sales of orange groves aren't securities unless they're packaged as securities. Of course the judge isn't going to say that XRP couldn't possibly be sold as a security on the secondary market, any commodity can be.

Whether Chris's and Brad's secondary market sales were securities transactions was argued by both sides in this case and the court concluded that they weren't. One can imagine secondary sales wholly unlike Chris's and Brad's ordinary use of crypto exchanges to sell a digital asset and those might be securities offerings. But this ruling seems clear that ordinary secondary sales like Brad's and Chris's aren't securities transactions.

[Digital Asset Investor @digitalassetbuy]

Know what you hold #XRP .

[Digital Asset Investor @digitalassetbuy]

We Won. #xrp

[Digital Asset Investor @digitalassetbuy]

When relist XRP @coinbase @iampaulgrewal ?

[Stuart Alderoty @s_alderoty]

A huge win today – as a matter of law - XRP is not a security. Also a matter of law - sales on exchanges are not securities. Sales by executives are not securities. Other XRP distributions – to developers, to charities, to employees are not securities.

[Brad Garlinghouse @bgarlinghouse]

Seeing some confusion on what the Court's decision means -- here's a recap from our legal eagle @s_alderoty

[John E Deaton @JohnEDeaton1]

One of many. Make no mistake: every exchange in the United States should relist XRP IN SOLIDARITY with today’s decision: @coinbase @krakenfx #Crypto.com, @Gemini etc etc

[CryptoLaw @CryptoLawUS]

SETTLED LAW: The #XRP token itself is not a security.
July 13, 2023.

[Brad Garlinghouse @bgarlinghouse]

We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.

[CZ 🔶 BNB @cz_binance]

XRP 👏

[Digital Asset Investor @digitalassetbuy]

I always thought my initial reaction would be jumping up and down. I actually want to cry. We left it all on the field.
You should all be proud!
We are the good guys.