Drew Fraser
5.1K posts

Drew Fraser
@Drewdura
Drone Pilot, Zamboni Driver, XJS-V12 Driver, Gold Wing Rider, King Quad Tracking, OHV trainer, Face Book Addict, I play the Snow Shoe. LION, Freemason, Shriner
Springhill NS Cda Katılım Ekim 2009
1.2K Takip Edilen447 Takipçiler

@RippleXrpie Absolutely, it is one of only 8 coins that are iso 200022 compatible.
Unlike Bitcoin the store of value,(totally useless)
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@bgarlinghouse @xrplapex We can’t go until Xrp hits $120
Guess we better get our tickets booked.

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Looking forward to seeing many of you at @xrplapex in Singapore this June 10-12!
RippleX@RippleXDev
"mic check...is this thing on?" 🎤🎤🎤 Apex 2025 speaker lineup is now live: on.ripple.com/3YgqQYy See who is taking the stage in Singapore—who are you most excited to hear from? ✨
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@RandomCryptoPal Where do you come up with this drivel you spew every three hours?
The boys name is X. Your click bait is unreal.
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@BrettKissel What a great show, Summerside and Let Your Horses Run.
Huge songs on this one, Cowboys and Dreamers, Another One and the entire album are awesome. Great Work BK
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@JohnReedStark @bgarlinghouse @60Minutes @Scaramucci Is there any law that you broke when lying to millions of people ?
Should you be charged with something? Anything? Please find your next tweet to be an honest apology to the XRP holders, as we know that XRP has been deemed to not be a security in a court of law, And this you knew
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I wish you and all the XRP supporters all the best Brad and as I mention in the 60 Minutes online segment, lots of digital asset investors are friends of mine (including @Scaramucci, my close friend of over 50 years, since we were 10 years old).
I have often found that for many digital asset enthusiasts, their hearts are in the right place and, like @scaramucci, they honestly believe that the crypto era will usher in a bright future for us all. I just happen to disagree (strongly) with that notion.
Under any circumstance, much to my own personal dismay, the public’s voice must be heard, and the SEC’s crypto-enforcement program should (and will) stop dead in its tracks, including the SEC’s appeal of the Ripple enforcement action.
As I told 60 minutes, as passionate as I am about the systemic risks and dire externalities created by digital assets, I am even more passionate about democracy and the need to respect election results.
President-Elect Trump, the first self-proclaimed and avowed “Bitcoin President,” has secured an overwhelming victory in the election and the Trump Administration possesses a bonafide mandate to establish a regulatory climate characterized by cautious consumer protection in the digital asset marketplace. Crypto-caveat emptor is precisely the vision that Donald Trump was elected to fulfill, and he is entitled to keep his promises.
Along these lines, my take is that the SEC staff should prepare a spreadsheet of all crypto-related investigations, litigation, appeals and rule-making, so the new Chair can swiftly grind them all to a screeching halt. Like it or not, the people have spoken.
My only objection to your post though is when you call me a “Gensler shill.” I’ve never spoken, met or even been in the same room as Gary Gensler and I look forward to my former boss Paul Atkins taking over as SEC Chair and reversing a lot of the non-crypto initiatives and cases that occurred during Chair Gensler’s reign.
Most importantly, despite my disagreement regarding digital assets, I believe that Paul Atkins is an amazing SEC Chair choice and could perhaps become the greatest SEC Chair in history. I detailed all of what I expect Chair Atkins to do (and undo) in a lengthy and detailed X posting earlier today and my guess is that after reading it, the last label anyone would assign to me is “Gensler Shill.”
Again, best of luck to you and your company, and enjoy your victory with Fairshake — you earned it. The Stark reality is that you executed a brilliant political strategy and achieved an 85% success rate. I may not like it but your Election Day win and extraordinary election track record is not just proven, it’s axiomatic.
John Reed Stark@JohnReedStark
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Crypto made its debut on @60Minutes tonight – there’s no doubt that these technologies will continue to become more and more mainstream - with influence and reach that will only continue to grow.
A few things I do want to comment on after watching:
I spoke with Margaret Brennan / 60Minutes for 90+ min straight. When discussing the SEC’s misguided lawsuit against Ripple, 60Minutes shockingly left out that a Federal Judge ruled that XRP is not a security…Gensler’s shill (John Reed Stark) knows better despite his comments that 60Minutes chose to air.
Lastly, to say crypto has no utility is exactly what the naysayers said about the Internet in its earliest days - that it’s nothing more than illicit activity. How vastly they were proven wrong. Today, even JPMorgan is coming around on blockchain… (conveniently 60Minutes also failed to mention that Ripple is doing billions of dollars of KYC-ed transactions for our institutional customers - leveraging XRP to move money cross-border more efficiently than traditional payment rails.)
cbsnews.com/news/crypto-sp…
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@JohnEDeaton1 Best X post this century belly laughing here @JohnEDeaton1
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Dear Gary:
On behalf of the entire Crypto community: 🖕
SEC Chair Gary Gensler Archive@GenslerArchive
On January 20, 2025 I will be stepping down as @SECGov Chair. A thread 🧵⬇️
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@InfamousObject @RippleXrpie Do the conversion.
It is the same value here
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@elonmusk I had a friend request on Facebook from Elon Reeve Musk.
Could this actually be you? Or was it an imposter
Would be cool if it was you.

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@elonmusk I have an order in for a Cybertruck.
Noticed you have one in Quebec.
I live in Nova Scotia and would be a great candidate for testing one of these amazing trucks out in our climate of Eastern Canada.
My Vanity Plate awaits my Cybertruck

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@JohnEDeaton1 @ethereumJoseph @Consensys I don’t usually comment ,
However, with the amazing job you have done representing us XRP holders, I don’t know why anyone would criticize your comments without knowing exactly what you were meaning is a bit narrow minded.
Thank You John , or should I say Mr. Deaton. 115%
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Several #XRP holders got irritated at me b/c I said we must admit @ethereumJoseph, who quickly hired Sullivan & Cromwell, right after Clayton’s appointment, to represent @Consensys, including hiring several S&C lawyers as staff attorneys, including making a S&C Partner Deputy General Counsel at Consensys, acted brilliantly.
It was brillaint and clever b/c, at a minimum, it guaranteed that Clayton would recuse himself from voting related to an enforcement action against one of his Law Firm’s major clients. In answering questions from @ewarren, Clayton swore he would recuse himself and NOT vote AGAINST an enforcement action involving his firm’s clients.
Now read the deposition of Hinman. Hinman reached out to Lubin b/c Clayton “suggested” he do so. Clayton was clearly helping his law firm S&C “represent” Lubin and Consensys. My God, Clayton reached out to Hinman, ASKING HIM HOW THE MEETINGS WITH LUBIN AND CONSENSYS WERE GOING! Ask Hinman how many other times Clayton inquired about the hundreds of meetings Hinman was having, unrelated to S&C clients. And Clayton inquired more than once about the Consensys meetings!
I’m sure Hinman’s law firm, Simpson Thacher, of which, he was NOT RETIRED, but was an ongoing profit sharing partner, being a MEMBER OF THE ENTERPRISE ETHEREUM ALLIANCE, is 💯 sheer coincidence.
I’m sure that the SEC Ethics office repeatedly directing Hinman to stop violating the criminal financial conflicts statute was nothing to be concerned with. For example, Hinman giving a speech that declared #BTC & #ETH non-securities and disobeying the Ethics office, for the 3rd time, based on his own emails, and meeting his partner from Simpson Thacher’s China office, discussing Canaan’s IPO - a company that sold #BTC and #ETH mining equipment, which benefited immensely from his speech, was also purely coincidental.
Hinman actually received profits from his law firm AFTER giving that speech. He took in a total of over $10 million in profits from his law firm’s success - INCOME UNRELATED TO HIS RETIREMENT BENEFITS (if you include retirement income, Hinman took in $15M while at the SEC). He claims he knew nothing about his law firm’s EEA membership, which BTW, can be proven 💯 false.
Of course, Clayton also immediately took a job at One River which had made a $1 billion bet on #BTC and #ETH in October of 2020 - two months before Calyton VOTED FOR an enforcement action against @Ripple. I’m sure just another coincidence.
So you see, as promised, Clayton didn’t end up voting against an enforcement action regarding his law firm’s client. Instead, he VOTED FOR an enforcement action against his law firm’s client’s biggest competitor and then filed it, as he walked out the SEC’s 🚪
Clayton filed the case against the stern admonition and warning not to do so by by Joe Grundfest, who had helped the #Ether founders himself and thus, was completely impartial. Grundfest warned Clayton that innocent holders would lose billions and be financially destroyed. Although no exigency existed in this non-fraud case, he filed anyway.
Although I may hold other things against Lubin, no one can blame him for being smart and hiring S&C. Had @bgarlinghouse @s_alderoty hired S&C they would’ve likely prevented the lawsuit by forcing Clayton to recuse himself. But they didn’t and now we are $200 million later, with more to go.
If reading this doesn’t disgust you, I don’t know what to say. You don’t have to believe anyone did anything wrong to admit that we can’t continue to exist in a system where choosing a law firm makes the difference between legal hell 🆚 a regulatory advantage.
John E Deaton@JohnEDeaton1
What is significant about this? Clayton’s law firm is Sullivan & Cromwell (S&C). @ethereumJoseph had hired S&C to represent Consensys shortly after Clayton’s nomination as Chairman. We can all agree that that was a very smart and savvy move by Joe.
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