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xerxesramesepolybius

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  1. Haha
    xerxesramesepolybius got a reaction from thinlyspread in McAfee now, possible criminal charges for Ripple and Ripple promoters   
    https://www.justice.gov/usao-sdny/pr/john-david-mcafee-and-executive-adviser-his-cryptocurrency-team-indicted-manhattan
     
    With McAfee facing criminal (not civil) prosecution for shilling crypto, could other people in Ripple management or XRP community face similar charges?
    Eri, Tiff, the whole Ripple management board?
     
     
     
  2. Haha
    xerxesramesepolybius got a reaction from cryptomaven in McAfee now, possible criminal charges for Ripple and Ripple promoters   
    https://www.justice.gov/usao-sdny/pr/john-david-mcafee-and-executive-adviser-his-cryptocurrency-team-indicted-manhattan
     
    With McAfee facing criminal (not civil) prosecution for shilling crypto, could other people in Ripple management or XRP community face similar charges?
    Eri, Tiff, the whole Ripple management board?
     
     
     
  3. Thanks
    xerxesramesepolybius reacted to gxVg826hmf8 in Where's Hodor when we need him   
    to answer the question, he did his job of convincing people not to take profits, he isn't needed anymore.
  4. Confused
    xerxesramesepolybius reacted to wogojump in Where's Hodor when we need him   
    Hodor did his roll, he held the door against Chris and Brad's greed as long as he could.  We need a new hero to rise to protect us from greed.  Maybe it will be the SEC. Maybe it will be someone someone else in the XRP community, that we least expected...
     
  5. Thanks
    xerxesramesepolybius reacted to LetHerRip in Where's Hodor when we need him   
    I wonder which Ripple employee was posting under the Hodor account?
     
  6. Haha
    xerxesramesepolybius reacted to Ripley in MoneyGram Suspends Partnership with Ripple Indefinitely   
    Visa by itself paid merchants USD 1.75 Billion in first quarter of 2020 alone, because its credit card network is so efficient, fast and cheap. Hold on something not right there, Visa PAID merchants, not the other way around. 
    In this instance, Visa's stock dropped because market expected it to pay MORE to its customers because that's a measure of growth. Incentives in payment networks is a thing and is both legal and expected. It has been around for decades. Please do your research. 
    Source: https://bankautomationnews.com/allposts/payments/visa-shares-drop-on-warning-client-incentives-will-rise-in-2020/
    Original Bloomberg Article: https://www.bloomberg.com/news/articles/2020-01-30/visa-shares-drop-on-warning-client-incentives-will-rise-in-2020, which most of us probably don't have a subscription for.
    Update
    From Mastercard's most recent 10-K filing (2/12/2021) with the SEC 

     
  7. Thanks
    xerxesramesepolybius got a reaction from jbjnr in Former Chair Mary Jo White Says SEC is "Dead Wrong"   
    What exactly do you think is wrong?
    Mary Jo White sounds like she was a terrible SEC chair (see below) and now she is being paid by Ripple to attack the SEC. What a surprise.
    On June 2, 2015, Senator Elizabeth Warren wrote a letter to White indicating that her "leadership of the Commission has been extremely disappointing" pointing out numerous shortcomings and failures during her tenure. Warren admonished that White failed to finalize certain Dodd–Frank rules, did not curb the use of waivers for companies that violated securities laws, allowed settlements without admission of guilt, and was too frequently recused because of her husband's activities.[21] In return, White argued that the agency had been effective and that Warren had mischaracterized her statements and the accomplishments of the agency. The Massachusetts senator's attack on White generated backlash from the White House, Congress, and Wall Street, with defenders calling her a tough but fair enforcer of the rules.[23]
    In June 2016, at a Senate hearing, Senator Warren asked White about her projects to reduce corporate disclosures. Senator Warren then declared she was "more disappointed than ever".
    On October 14, 2016, Senator Warren sent a formal written request to President Obama asking for the immediate dismissal of White as Chair of the SEC because of her refusal to develop public disclosure rules of political contributions made by corporations
  8. Haha
    xerxesramesepolybius reacted to pointbreak in MoneyGram International, Inc. (MGI) CEO Alex Holmes on Q4 2020 Results - Earnings Call Transcript   
    https://fintechnews.sg/48827/payments/blockchain-firm-lightnet-expands-payout-services-across-se-asia-with-moneygram/
  9. Confused
    xerxesramesepolybius reacted to panmores in Did the SEC Break the Law Protecting Attorney-Client Confidentiality?   
    Ripple is basically taken hostage by SEC. This whole case looks like a charade. Must confess, in the beginning I thought the SEC has some smoking gun.
  10. Confused
    xerxesramesepolybius reacted to HenrySeldom in Did the SEC Break the Law Protecting Attorney-Client Confidentiality?   
    One can almost start to conclude that the SEC is deliberately throwing the case. 
  11. Haha
    xerxesramesepolybius reacted to nikb in Ripple Gold   
    No, there is no truth to that. It's garbage and an obvious attempt to scam people, and everyone here should know better.
  12. Haha
    xerxesramesepolybius reacted to HAL1000 in MoneyGram Suspends Partnership with Ripple Indefinitely   
    https://cryptonews.com/news/moneygram-says-it-still-supports-ripple-despite-partnership-9312.htm
  13. Like
    xerxesramesepolybius got a reaction from Scout in Marcus Treacher officially left in December   
    They are getting sued by everyone including SEC if you hadn't noticed
  14. Haha
    xerxesramesepolybius got a reaction from OzAlphaWolf in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/
    Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain:
    what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged 
    why their sales showed an information asymmetry, and why that matters
    why the complaint comes close to being a fraud case, but why the SEC didn’t charge them with fraud
    why the idea that XRP is a currency and therefore cannot be a security will likely not fly
    why it’s unlikely the case will go to the Supreme Court
    the SEC’s case for why XRP is a security, and Ripple’s role in it
    how even on a technical level, the XRP network is centralized
    how strong the SEC’s case is against Larsen and Garlinghouse
    Stephen’s and Gabriel’s predictions on how the lawsuit will play out
    how this will likely impact XRP investors
    whether or not Ripple could become an SEC-reporting company and XRP a security
    what happened with Ripple’s lead investor in its most recent fundraising round
    whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading
    what this means for Coinbase, in particular, because it’s going public later this year
    what Ripple’s defense, in its summarized Wells submission, was 
    how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram
    whether there might ever be a digital token that is determined to be a security for specific transactions but not others
    what the wider implications of the case are for the rest of the crypto industry 
  15. Haha
    xerxesramesepolybius got a reaction from ChuckN in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/
    Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain:
    what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged 
    why their sales showed an information asymmetry, and why that matters
    why the complaint comes close to being a fraud case, but why the SEC didn’t charge them with fraud
    why the idea that XRP is a currency and therefore cannot be a security will likely not fly
    why it’s unlikely the case will go to the Supreme Court
    the SEC’s case for why XRP is a security, and Ripple’s role in it
    how even on a technical level, the XRP network is centralized
    how strong the SEC’s case is against Larsen and Garlinghouse
    Stephen’s and Gabriel’s predictions on how the lawsuit will play out
    how this will likely impact XRP investors
    whether or not Ripple could become an SEC-reporting company and XRP a security
    what happened with Ripple’s lead investor in its most recent fundraising round
    whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading
    what this means for Coinbase, in particular, because it’s going public later this year
    what Ripple’s defense, in its summarized Wells submission, was 
    how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram
    whether there might ever be a digital token that is determined to be a security for specific transactions but not others
    what the wider implications of the case are for the rest of the crypto industry 
  16. Thanks
    xerxesramesepolybius got a reaction from thinlyspread in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/
    Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain:
    what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged 
    why their sales showed an information asymmetry, and why that matters
    why the complaint comes close to being a fraud case, but why the SEC didn’t charge them with fraud
    why the idea that XRP is a currency and therefore cannot be a security will likely not fly
    why it’s unlikely the case will go to the Supreme Court
    the SEC’s case for why XRP is a security, and Ripple’s role in it
    how even on a technical level, the XRP network is centralized
    how strong the SEC’s case is against Larsen and Garlinghouse
    Stephen’s and Gabriel’s predictions on how the lawsuit will play out
    how this will likely impact XRP investors
    whether or not Ripple could become an SEC-reporting company and XRP a security
    what happened with Ripple’s lead investor in its most recent fundraising round
    whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading
    what this means for Coinbase, in particular, because it’s going public later this year
    what Ripple’s defense, in its summarized Wells submission, was 
    how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram
    whether there might ever be a digital token that is determined to be a security for specific transactions but not others
    what the wider implications of the case are for the rest of the crypto industry 
  17. Haha
    xerxesramesepolybius got a reaction from DavyJones in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/
    Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain:
    what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged 
    why their sales showed an information asymmetry, and why that matters
    why the complaint comes close to being a fraud case, but why the SEC didn’t charge them with fraud
    why the idea that XRP is a currency and therefore cannot be a security will likely not fly
    why it’s unlikely the case will go to the Supreme Court
    the SEC’s case for why XRP is a security, and Ripple’s role in it
    how even on a technical level, the XRP network is centralized
    how strong the SEC’s case is against Larsen and Garlinghouse
    Stephen’s and Gabriel’s predictions on how the lawsuit will play out
    how this will likely impact XRP investors
    whether or not Ripple could become an SEC-reporting company and XRP a security
    what happened with Ripple’s lead investor in its most recent fundraising round
    whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading
    what this means for Coinbase, in particular, because it’s going public later this year
    what Ripple’s defense, in its summarized Wells submission, was 
    how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram
    whether there might ever be a digital token that is determined to be a security for specific transactions but not others
    what the wider implications of the case are for the rest of the crypto industry 
  18. Thanks
    xerxesramesepolybius got a reaction from mistatee2000 in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/
    Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain:
    what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged 
    why their sales showed an information asymmetry, and why that matters
    why the complaint comes close to being a fraud case, but why the SEC didn’t charge them with fraud
    why the idea that XRP is a currency and therefore cannot be a security will likely not fly
    why it’s unlikely the case will go to the Supreme Court
    the SEC’s case for why XRP is a security, and Ripple’s role in it
    how even on a technical level, the XRP network is centralized
    how strong the SEC’s case is against Larsen and Garlinghouse
    Stephen’s and Gabriel’s predictions on how the lawsuit will play out
    how this will likely impact XRP investors
    whether or not Ripple could become an SEC-reporting company and XRP a security
    what happened with Ripple’s lead investor in its most recent fundraising round
    whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading
    what this means for Coinbase, in particular, because it’s going public later this year
    what Ripple’s defense, in its summarized Wells submission, was 
    how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram
    whether there might ever be a digital token that is determined to be a security for specific transactions but not others
    what the wider implications of the case are for the rest of the crypto industry 
  19. Like
    xerxesramesepolybius got a reaction from SquaryBone in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    That's what the MP said in the parliamentary committee in May 2018
    "Stewart Hosie: We will get back to some of that in a moment, but the point that was made earlier, Mr Zagone, is that if people buy XRP—a financial asset—from Ripple Labs, it does not entitle them to an ownership stake, there is no right to be converted back into conventional currencies and it does not pay any return. It also seemingly has no purpose. Is that simply to avoid XRP looking like a security or an equity, and to avoid the necessary regulation?"
     
    http://data.parliament.uk/writtenevidence/committeeevidence.svc/evidencedocument/treasury-committee/digital-currencies/oral/82323.html
  20. Haha
    xerxesramesepolybius reacted to panmores in Marcus Treacher officially left in December   
    Hmm... he was the about only voice I trusted at Ripple.
  21. Thanks
    xerxesramesepolybius got a reaction from panmores in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    That's what the MP said in the parliamentary committee in May 2018
    "Stewart Hosie: We will get back to some of that in a moment, but the point that was made earlier, Mr Zagone, is that if people buy XRP—a financial asset—from Ripple Labs, it does not entitle them to an ownership stake, there is no right to be converted back into conventional currencies and it does not pay any return. It also seemingly has no purpose. Is that simply to avoid XRP looking like a security or an equity, and to avoid the necessary regulation?"
     
    http://data.parliament.uk/writtenevidence/committeeevidence.svc/evidencedocument/treasury-committee/digital-currencies/oral/82323.html
  22. Haha
    xerxesramesepolybius reacted to JASCoder in Ripple 2020 momentum   
    JFYI -  RippleNet's GM Asheesh Birla responded to BG's ^^ tweet just an hour ago...
     
  23. Haha
    xerxesramesepolybius reacted to fatlever in Ripple 2020 momentum   
  24. Haha
    xerxesramesepolybius reacted to Skippy in Ripple 2020 momentum   
    Seems nice! 
  25. Like
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