Crypto📈Bro

Follow up: In addition to CB Ireland VASP, this article from '22 notes #Ripple next planned to file "an application for an electronic money license in Ireland “shortly”' thereafter. That could explain the "other necessary licenses." cnbc.com/2022/11/18/cry…

Three years ago tonight, I walked into the Living Room and said to @WarnerKristiana: “I think I’m going to sue the @SECGov.” After reminding me I still needed to wrap Christmas presents, she replied: “That’s Different.” Merry Christmas to the 75K #XRPHolders who joined me.❤️

Over 6,800 people have already signed the petition. Help us reach 10,000 by the end of the week. Share and sign now! ✍️

"Fuck the SEC" I am sure you are used to this sentiment coming from the crypto folks, but what if I told you that it was not, in fact, the crypto crowd that just said this, but rather a federal judge in Utah. Don't believe me? Read on. For those who have forgotten, among the many battles the SEC has picked, they are attempting to go after Debt Box, where they alleged that Debt Box was essentially a fraudulent enterprise and received a TRO against them (as reported by @CoinDesk among others). There's a small, teensy tiny problem with that situation now, though, which is that a federal judge just found the SEC lied to obtain the TRO and now is potentially facing sanctions in this case. Yes, you read that correctly. The SEC had declined to mention, as they accused Debt Box of closing accounts and sending funds out of the country, that those accounts were being closed by banks, not Debt Box (possibly in response to regulatory pressure!) and that the money had been sent not out of the country, but to a credit union in the USA. Small details, right? The kind that completely undermine the exact premise of why they needed the TRO, which was an illegal conspiracy to move funds out of US reach, and more so, not even being done by the defendants if banks were closing their accounts as regulators cracked down on crypto. I joke about setting fire to someone's house and calling it a fire hazard, but this is basically exactly that. The good news is the judge is absolutely, completely, and totally not fucking having it. The TRO has been dissolved and now the SEC is facing a rather brutal set of questions to answer to show they should not be sanctioned for their conduct. The good news for the crypto community is that this sort of conduct is exceptionally bad, even by SEC standards, and I'm going to suspect the fact that the SEC is being sanctioned for misrepresentations might be of interest to people like @BinanceUS, @krakenfx and @jespow (ht to another guy who called them out for similar BS, as this should cause you to upgrade your credibility estimate of Jesse's words here in the Kraken case). To me, though, the most insulting part of this is that in the process of being mustache twirling villains, the SEC couldn't even be competent at it. Like, you didn't call any of these banks? You didn't do any additional legwork, you just assumed crypto evil = no research required? Pathetic. Some people should be disbarred if this is the way they practice law because that's just sad. I know the SEC isn't going to magically start being a good faith actor (and conduct like this is making me come around to the view that they actually should be disbanded and either restarted from zero or their remit given to another agency with better guardrails), but is it too much to ask to at least be competent at being evil instead of bumbling buffoons lying in federal court because you couldn't be bothered to do basic research? To leave you with another quote, then, on just how low the standards are getting here: "Hear the wish of the oppressed, To at least get to be oppressed in style" - Samurai (ft. @Refused)

And apologies to Col. Jessep for that comparison.

The SEC is losing in court; being criticized by Judges for shady behavior; being rebuked by the Gov’t’s internal auditor; hiding info about meetings with a felon; becoming irrelevant on the international stage. Gensler - admitting no fault - has become the insulate Col. Jessep.

There’s been an uptick in deepfake scam videos (ex below) overlaying new words with old video footage from Ripple’s events (@YouTube are you asleep at the wheel again?!). Reminder: don't trust, verify (all approved messaging will only come from official Ripple accounts).

Every XRP holder should repost this.

James Greenwood, @Bitstamp CTO, and @Ripple’s Pat Thelen discuss where the industry is headed with increasing regulatory clarity on day 1 of #RippleSwell.🎙️

Exciting news that Ripple will be leveraging the XRPL DEX for cross-border payments. This project has been a main focus of mine this year and I’m hoping to share more technical details in the future about why the XRPL DEX is an awesome fit for ODL.

The SEC filed their opposition to Binance’s motion to dismiss. Once more, the SEC asserts that a virtually unlimited “flexibility of the securities laws” grants it complete authority over crypto exchanges. That misrepresents the law; let’s explore why. 1/7 assets.ctfassets.net/c5bd0wqjc7v0/K…

🚨 Topper by Uphold is now live on @xrptoolkit an interface designed to connect users to the #XRP Ledger. Send, receive and trade any asset issued on the XRP Ledger. Created by @TowoLabs #XRPCommunity #XRPLedger #XRPArmy Access XRP Toolkit xrptoolkit.com

#Ripple and #ODL user FOMO Pay has obtained a MSO license in Hong Kong planning to "launch payment & remittance services to meet the global payment and collection needs of corporate customers" there. FOMO has made a number of moves this year. cointime.ai/flash-news/fom… #XRP

@MonicaLongSF opening #RippleSwell in Dubai. Looking forward to connect with people making payments more accessible worldwide

Piecing it together: On Thursday of Swell, "Innovating for the Inevitable" will see #Ripple's Head of Carbon speaking w/ Xange (Carbon Credits on #XRPL), and the CEO of Togg, a Turkish electric car mfr. Some interesting things to look for here: 1/7🧵 #XRP ripple.com/events/swell/a…

Excited to be working with the National Bank of Georgia on this project #cbdc #ripple

Just funny on so many levels. A non-lawyer lecturing elite lawyers on an issue he’s been getting dunked on in the courts (with no end in sight). Comes across as pleading for relief.

▶️ $XRP to $0.70 ▶️Features such as AMM, Xahau/Hooks (smart contracts), EVM Sidechain, DIDs, Bridge and many more coming in the #XRPL ecosystem. ▶️More and more projects and use cases on XRPL. ▶️New bull run and mass adoption is closer. How can you not be super bullish?

Expert Says #Ripple Potential Penalty of $770M Could Fall to $38.5M The #SEC'Ss arguments could come back and bite them in the butt thecryptobasic.com/2023/11/06/exp…

I began reading it and couldn’t continue because @GaryGensler is wrong on almost everything he says. And what’s great is the Courts are proving just his wrong he is.