Thomas Arce

[🌸Eri ~ Carpe Diem @sentosumosaba]

Facts
Sen Elizabeth Warren broke the rules for members of Congress by sharing Q&A with @GaryGensler before a Senate Hearing. She also miscited Hamas’ crypto terrorism funding.

How ironic @JohnEDeaton1 spent years fighting for victims of asbestos and @ewarren was paid $212,000 by Travelers as an advisor during their case to avoid its obligation to thousands of asbestos victims. Over three years in that role she was paid 40 times what they paid victims.

She said she was fighting to secure trust between the groups, yet it took a “disastrous” turn for the victims when a lower court issued a ruling on Feb. 29, 2012, which took Travelers “off the hook for paying out the $500 million settlement.”

Below is a FACT CHECK to both sides of the asbestos Travelers case.
https://t.co/ndkBmRXGhC

[Watcher.Guru @WatcherGuru]

Sam Bankman-Fried donated $100 million in stolen customer funds to US politicians.

Today, the US Government announced they're dropping six charges against SBF and will not prosecute him for a political campaign finance violation.

[Dave W @daveweisberger]

What a surprise that, on the Friday before New Years, Prosecutors dropped the case against SBF that would have disclosed all who received his campaign contributions… 🤔🤔🤔

Ok - maybe it’s not so surprising…

https://t.co/CTwi38lHbt

[CZ 🔶 BNB @cz_binance]

Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.

Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.

I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.

Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.

Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.

With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.

As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.

What’s next for me?

I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.

After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.

I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.

On that note, I am proud to point out that in our resolutions with the U.S. agencies they:

- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.

Funds are SAFU!

With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.

Onwards!

CZ

[Thomas Arce @thomasarcenew]

@MoonLamboio Traded some of the HBAR i hold, to buy more XRP.

[Thomas Arce @thomasarcenew]

@APompliano Lol this didn't age well...

[Jim Rickards @JamesGRickards]

Biden is now a world historic figure. He has destroyed the dollar, not an easy task. A BRICS gold-linked currency will be previewed August 22, to be implemented in stages. SCO will merge with BRICS; others will join. Dollars will still be around but marginalized. Nice job, Joe.

[Eleanor Terrett @EleanorTerrett]

Ethereum co-founder @VitalikButerin is listed as a co-founder of @WXblockchain, a part owner of @PrometheumInc which was recently given rights to operate a #crypto exchange in the U.S. Other filings show Buterin is also Chief Scientist at Wanxiang Blockchain Labs.

[Tony Edward (Thinking Crypto Podcast) @thinkingcrypto]

Let's go! Gary and the SEC will be exposed in the courts!

[Tony Edward (Thinking Crypto Podcast) @thinkingcrypto]

You can't make this stuff up folks. Will congress order the investigation and will Hinman face any consequences? This and more in the next episode of SEC corruption.

#billhinman #ethereum #firegarygensler #xrp #ripple #sec

[Stuart Alderoty @s_alderoty]

The law requires SEC employees, like all federal employees, to act (and appear to act) impartially. The law asks: Would a reasonable person, knowing the facts, question the employee’s impartiality.

You now know the facts.

5 CFR 2635.101(b)(14)

[Brad Garlinghouse @bgarlinghouse]

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.

[Elon Musk @elonmusk]

Why ESG is the devil …

[Tony Edward (Thinking Crypto Podcast) @thinkingcrypto]

🚨BILL HINMAN EMAILS EXPOSE SEC GARY GENSLER IN RIPPLE XRP LAWSUIT & JUDGE SIDES WITH BINANCE vs SEC

WATCH ▶️ https://t.co/McjCNEfZwN

#billhinman #sec #garygensler #firegarygensler #crypto #cryptonews #ethereum #xrp #ripple #jayclayton #congress #bitcoin #polygon #matic #binance #coinbase

[Tony Edward (Thinking Crypto Podcast) @thinkingcrypto]

Will @SquawkCNBC @JoeSquawk @andrewrsorkin @BeckyQuick do their journalist duty and bring Jay Clayton and Bill Hinman on to discuss this? or will they kowtow to their contributors?

We will be watching...

[Stuart Alderoty @s_alderoty]

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.

[🌸Eri ~ Carpe Diem @sentosumosaba]

Incoming.
Thank you so much.

[Eleanor Terrett @EleanorTerrett]

🚨NEW: Here are the comments from the Trading and Markets Department in response to #Hinman’s speech draft.

“…this speech is what the general public/market participants have been asking for, so we are very supportive of the speech and what it is communicating.”

[🌸Eri ~ Carpe Diem @sentosumosaba]

Oh right....
Remember, people didn't believe ETHGate was real.
Fact: Before making a blanket statement on ETH, the SEC went to Buterin (or his counsel) to discuss. Discuss what? I thought determining if an asset is a security (or not) was based on LAW.