
CHRIS ESPARZA
1.7K posts

CHRIS ESPARZA
@Chris_ALPHACEO
*Texas Tech Dr alum 2011…. CEO: Alpha Tech & OUE USA Div. …… Speaker: EA USA ….. VC: GLOBAL META HEALTH (Business/ Fintech/ Traveler)
Dallas, TX Katılım Ocak 2022
16 Takip Edilen2.6K Takipçiler

@BoLoudon He didn’t lose money. He uses corporations to make trades and takes payments to funds dummy. Don’t misconstrue, he’s a sleezeball
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@maddenifico At least he’s sleeping and not awake and lying. He should sleep more so Americans can have the opportunity to live with a little more truth in their lives
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@elonmusk Incorrect. White is a race. No see has a right to anything. It’s nationalities that have a right to their homeland. Race and ethnicities do not. Those are just descriptive terms
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@GuntherEagleman Hahaha the first projection of the Super Bowl halftime is 115mil lol as of 5 min ago
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@MAGAVoice He is one of the BIGGEST artists in the world right now. The only bigger one is Taylor swift. They are trying to expand football internationally. This is a perfect decision for them. Thanks to the MAGA peeps, they are getting a ton of free publicity too
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@GunnelsWarren Don’t be a dummy… comparing employees against successful business owners will never equal out. Apples to oranges bud.
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@badhombre Well pretty easy. This is a job where he can bend the rules to fit his agenda and ensure his family’s future. The presidents and high end members of congress have been doing this for years… they show up with a net worth of 6mil and after serving at 250k a year, leave with 50mil
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@RealHickory lol no it won’t. These folks were relevant 20 years ago. Bad bunny is one of the biggest streaming performers NOW
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@Sassafrass_84 It wasn’t a Muslim. It was our own government. There have been very compelling points to this made since 9/11. It’s not even in the realm of conspiracy theory anymore.
Can we cancel this chick??
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@AltcoinDailyio …other Fortune 500 companies. I’m very pro crypto and I know a lot of you on here are too, but as a huge company like that, it’s hard to maintain a good fiduciary duty when there are sooo many variables and not enough clear cut laws to guide it yet. Very soon though. Stock up $$
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@AltcoinDailyio Eh, it’s not a bad idea for a big company like that to hold off. As it stands there are no protections for crypto as an asset class AND regulation is not transparent. They would be taking considerable risk as a company doing that. Soon they will revisit it, along with…
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JUST IN: Microsoft shareholders vote against #Bitcoin investment.
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CHRIS ESPARZA retweetledi

CHRIS ESPARZA retweetledi

Some are arguing that the judge in the SEC/Binance case expressed skepticism about the S.E.C.’s use of its enforcement powers to regulate the crypto world, calling it “inefficient and cumbersome.”
That might be true, but having now read the transcript of yesterday’s hearing before Judge Amy Berman Jackson, and placed it all in the proper context, not sure I can agree. (Read it for yourself at: johnreedstark.com/wp-content/upl…)
Regularity Clarity (The Lack Thereof) As a Defense
The lack of regulatory clarity in the cryptoverse is the number one talking point of crypto-enthusiasts and has become a fintech lawyer defense rallying cry.
However, as evidenced by these two exchanges with Judge Butler in the SEC/Binance matter, not only is the "regulatory clarity" argument more suitable for Congress, but it is also an argument that is irrelevant:
Judge Jackson: “All right. Now, the defendants say, well, this is a big broad area that is generally unregulated at this point, you should be proceeding by rule making. No one seems to be saying let's see what congress gets around to doing. Why is it prudent, from the Commission's point of view, to assign the determination that would have such far-reaching effects in a billion dollar industry to a lone federal district judge, especially when there's another lone federal district judge in a parallel action who could rule the other way? It seems like an inefficient and cumbersome way to establish a national, consistent, understandable policy for the regulation of trading in crypto assets. Now, I'm not sure on what basis the defense says, well, you should tell them that they should have exercised their discretion to do a rule making, because I don't know that I have the power to do that and I imagine you would tell me that I don't. But, still, the question is, why -- why does it make sense to go this way?”
SEC: “Because this is the law, Your Honor. The Howey test has been around since the 1940s. And, you know, we tried to interact with these entities to, you know, figure out a plan. The technology was new. The rules are longstanding and anything but new, Your Honor, and defendants knew the rules. You know, Your Honor says this wasn't -- many of our claims are not scienter based. But, you know, as we allege, there are many things that the defendants have said that acknowledge they knew these were the rules and they just chose not to follow them. So at a given time the SEC can try to interact with these entities to come to a resolution or try to do rule making. Yes, there's lots of things the SEC could do, but the enforcement arm is here, too, and when we see the law is being violated, we have to act on it.”
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Judge Jackson: “. . . you [defense counsel] argue and your argument has some force, that these kinds of complex legal and financial issues are better resolved through regulation or rule making than through test case litigation, but I don't run the executive branch. So what would be the authority under which I could say, as you suggested, no, I'm sorry, you've exceeded your that discretion, you must proceed by rule making here. How is that in my lane as a member of the judiciary?”
Defense Counsel: “If we made that statement, that's not what I'm arguing today. I think that it is something -- it may well be in the brief, but I think that that's -- we're not asking you to deny it on that basis.”
Based on yesterday’s SEC/Binance hearing, my take is that the parties will work out an agreement during mediation with the magistrate judge (designated as Magistrate Judge Zia M. Faruqui), though Judge Jackson may have to step in to decide what constitutes "ordinary business expenses” and other micro-issues that remain in dispute.
This agreement will be entered into the court as a "consent order" and alleviate the need for a TRO and preliminary injunction -- and most of all, protect investor assets in the U.S.
A robust and meticulously drafted consent decree gives the SEC pretty much all of the relief the SEC has asked for and will also allow Judge Jackson to preserve the status quo and manage the discovery process, motions, and trial at an expeditious but more traditional pace.

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CHRIS ESPARZA retweetledi

Big news from #VaultFinance!
Our #NovationDEX now boasts a cross-chain/on-chain aggregation solution, providing access to all major EVMs. This is a game changer for investors and current and future liquidity listings!
dapp.thenovation.com/swap/cross
#blockchain #crypto #investing
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CHRIS ESPARZA retweetledi

BREAKING: SEC v. @binance hearing
Judge does Not enter SEC's requested asset freeze order.
Judge encourages parties to try to come to an agreed compromise order and report back on Thursday.
The judge, apparently, caught on that there was no actual emergency.
I am told the judge pressed the SEC lawyers on whether they had any actual evidence of @BinanceUS customer assets being moved overseas.
They had none.
Round 1 to @Binance and @cz_binance
MetaLawMan@MetaLawMan
The Binance defendants have filed their opposition to the SEC's motion for an asset freeze order. They have proposed a reasonable compromise order that would: 1. secure the assets of all Binance.US customers; 2. place the private keys in the hands of U.S. personnel; and 3. provide for an accounting of Binance.US assets. And, not surprisingly, the SEC has refused to agree to the order. By offering a reasonable compromise, the Binance defendants have now taken the high ground. Hearing starts tomorrow at 2 pm.
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CHRIS ESPARZA retweetledi

SEC/Binance Newsflash: Binance Fights Back
Binance, CZ and the BAM Defendants just filed lengthy opposition pleadings to the SEC's emergency action. Find the links to two important pleadings below, which will give you a good idea of their defenses.
Should be an extraordinary battle tomorrow at the hearing in Federal District Court for the District of Columbia before District Court Judge Amy Berman Jackson to determine, inter alia, whether billions of Binance-related dollars must be repatriated.
Defendants Bam Trading Services Inc. And Bam Management Us Holdings Inc.’s Opposition To Plaintiff’s Emergency Motion For A Temporary Restraining Order at: johnreedstark.com/wp-content/upl…
Joint Memorandum Of Law On Behalf Of Defendants Binance Holdings Limited And Changpeng Zhao In Opposition To Plaintiff’s Emergency Motion For A Temporary Restraining Order at: johnreedstark.com/wp-content/upl…

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