@CGasparino@EleanorTerrett@Ripple@SECGov To your question here about potential penalties - that’s up to the Court to decide, not the SEC. You very well know this case was never about fines or penalties, it was about establishing the non-security status of XRP. We won. They lost.
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.)
When $XRP blasts off make sure to
avoid temptations
Avoid:
• Lambo
• Yacht
• Lux brands
• Clubbing
• Women
Focus on:
• Family
• Health
• Debt free
• Reinvest
• Travel
XRP is NOT a share/stock. It is a Utility protocol to tokenized value. There are over $1.2 Quadrillion to be tokenized. The Derivatives market is $500 Trillion alone!
XRP to capture just 10% of one market is already at $50T. There is also the housing market, the
shares market, debt, commodities, etc.. All well above $1.20Q
$1,000 per #XRP is peanuts.
The SEC/@GaryGensler are essentially claiming @coinbase is running an illegal business, yet the largest Asset Manager in the World and others are disclosing their intent to do business with this illegal business. It tells you all you need to know about what’s really going on.