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xerxesramesepolybius

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  1. Like
    xerxesramesepolybius got a reaction from LetHerRip in The most disturbing allegations in the SEC complaint   
    So many words, so many desparate attempts to avoid reality. Here let me make one part easier with a picture (the source is data in the SEC Complaint).

    See? Ripple Labs is a cryptocurrency firm with a small unprofitable sideline in payments software and doing proof of concepts for banks.
    All those people in this forum who simply made up numbers about how successful Ripple was as a software company or were still in denial after that FT article where Brad admitted Ripple only made a profit because of XRP sales, please hang your heads in shame.
     
     
  2. Like
    xerxesramesepolybius got a reaction from LetHerRip in Attacking the SEC   
    Do you Ripple and their friends the influencers aggressively attacking the SEC is really going to help them reach a settlement?
    Crypto Eri is not only attacking named SEC employees she was also belitting one of their husbands in a video. Which is a pretty disgusting thing to do.
    Did it help Wolfie with the FBI?
     
  3. Like
    xerxesramesepolybius got a reaction from MisterRipple in The most disturbing allegations in the SEC complaint   
    So many words, so many desparate attempts to avoid reality. Here let me make one part easier with a picture (the source is data in the SEC Complaint).

    See? Ripple Labs is a cryptocurrency firm with a small unprofitable sideline in payments software and doing proof of concepts for banks.
    All those people in this forum who simply made up numbers about how successful Ripple was as a software company or were still in denial after that FT article where Brad admitted Ripple only made a profit because of XRP sales, please hang your heads in shame.
     
     
  4. Confused
    xerxesramesepolybius reacted to Julian_Williams in The most disturbing allegations in the SEC complaint   
    SBI are taking providing Liquidity for ODL very seriously.  It is nice to have serious players working with Ripple in this way 
  5. Like
    xerxesramesepolybius got a reaction from Teslaza in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  6. Like
    xerxesramesepolybius got a reaction from Dario_o in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  7. Like
    xerxesramesepolybius got a reaction from MisterRipple in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  8. Haha
    xerxesramesepolybius got a reaction from Hopium in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  9. Thanks
    xerxesramesepolybius got a reaction from LilBender in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  10. Like
    xerxesramesepolybius got a reaction from LetHerRip in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  11. Confused
    xerxesramesepolybius got a reaction from DavyJones in How many of you have read the SEC Complaint?   
    I see so much discussion whether acceptance or rejection but not a great deal of discussion of the actual content. Forget allt the opnions. The facts spelt out are horrifying but also put to bed many of the long running conversasions in this forum.
    Ripple earned $27m from selling software and doing POCs but $1.38 Billion selling XRP .Case closed they are a crypto company with a small line in payments software.
    They pumped up the prices when they made announcements to make the price move up.
    Ripple was founded before the the XRP ledger and set up with the purpose of selling the XRP.
    ODL never really worked and from the outset Ripple had to pay off anyone involved
    Brad and Chris were also selling of large amounts of XRP to enrich themselves, $450 million for Chris and $150m for Brad
    It was recommended the consult the SEC about the status of XRP in 2012 but they did nothing, except sell, sell, sell XRP
    They did sell XRP at major discounts (upt to 30%) to large investors who subsequently dumped at a profit
    Brad and other Ripple executives still have plenty more XRP to dump.
    All those billions given away to Xpring, ODL partners etc. were just dumped on the market
    R3 seems to have got over a billion XRP to settle the lawsuit, which they presumably just dumped. No wonder they wrote the Corda Settler.
     
     
    https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
  12. Like
    xerxesramesepolybius got a reaction from Scout in So How Does Ripple Make Money?   
    Two years later we know. Selling XRP while trying to give the impression their loss making software business is successful
  13. Like
    xerxesramesepolybius got a reaction from LetHerRip in So How Does Ripple Make Money?   
    Brad has publicly admitted they would lose money if they didn't sell XRP. It doesn't matter what numbers you make up about revenues.
  14. Like
    xerxesramesepolybius got a reaction from EcneitapLatnem in When Is Ripple Going to Acquire Someone?   
    Moneygram as an organisation is a disaster. It would sink Ripple more surely than losing the class action
  15. Thanks
    xerxesramesepolybius got a reaction from SquaryBone in Let Her Rip Goes Bronze!   
    You are forgiven. Is this site lost you and @LetHerRip I don’t know what I would do. Maybe go back to reading the WSJ and FT
  16. Like
    xerxesramesepolybius got a reaction from SquaryBone in #XRP The Security   
    It probably is, the opinion of the SEC guy is not legally binding
  17. Like
    xerxesramesepolybius got a reaction from LetHerRip in #XRP The Security   
    So why has Ripple spent years trying to avoid going to court to have this settled once and for all?
  18. Like
    xerxesramesepolybius got a reaction from xrpzzzzzzz in #XRP The Security   
    But that doesn’t mean this isn’t bad news for XRP
  19. Like
    xerxesramesepolybius reacted to xrpzzzzzzz in #XRP The Security   
    True, I don't know we will see. 
  20. Like
    xerxesramesepolybius got a reaction from xrpzzzzzzz in #XRP The Security   
    It probably is, the opinion of the SEC guy is not legally binding
  21. Like
    xerxesramesepolybius reacted to xrpzzzzzzz in #XRP The Security   
    He also said ETH was a security 

  22. Like
    xerxesramesepolybius reacted to wogojump in #XRP The Security   
    This keeps getting better and better.  Cowboy Brad tweets this a few days ago:
    Democracy wins - regardless of who you voted for, it’s incredible to see the historic voter turnout this election. Congrats to President-elect @JoeBiden and Vice President-elect  @KamalaHarris-  it's time to come together and turn to the many challenges that lie ahead #6 - Biden to require public companies to disclose climate change-related activities and GHG emissions in their operations. Love to see the action on climate change - first NYDFS, now this. Public companies holding BTC (ahem Square) -- may want to pay attention  
    Then this article comes out yesterday stating:
    Gary Gensler, a Washington and Wall Street veteran who has closely studied the budding cryptocurrency field, will lead the financial policy transition team for projected U.S. President-elect Joe Biden. More recently, he has also testified before Congress about cryptocurrency and blockchain on multiple occasions, pushing back against comparisons between cryptocurrencies and Ponzi schemes and declaring that the still-unlaunched libra token met the requirements of being a security under U.S. law. At an MIT conference two years ago, he opined there was a “strong case” XRP (XRP, +1.42%), the cryptocurrency closely associated with startup Ripple, is a security.  
    This isn't the first time for Brad to get involved on twitter, only for it to backfire.  It is common for Board of Directors to step in and take corrective actions in scenarios like this.  I am sure Square will now be paying attention to see what comes next for Brad and Ripple!
  23. Like
    xerxesramesepolybius reacted to Neurotoxin in Let Her Rip Goes Bronze!   
    Dude, I haven’t seen that movie since I was a kid. Ty
  24. Thanks
    xerxesramesepolybius reacted to LetHerRip in Let Her Rip Goes Bronze!   
  25. Thanks
    xerxesramesepolybius reacted to Neurotoxin in Let Her Rip Goes Bronze!   
    Cheers mate. You can be a real sourpuss sometimes, but I gotta say I enjoy a lot of your posts 😂. I’m not one to get offended or get whiney easily. Hey, you’ve stuck around for a good while too, right?! That’s gotta count for something. We got all kinds of different people here in this forum, and, while many may disagree, we also need the kind of people that **** everybody off, just to keep things spicy! 
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