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Charting the course of XRP


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11 minutes ago, retep said:

Stuppid question, can the sec be sued for the price drop when ripple wins the lawsuit? Because xrp's market cap lost a whopping 10 billion

thanks to sec, so sue those bastards at sec until they won't have a nail left to scratch their but with!

I wondered the same thing!

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39 minutes ago, retep said:

Stuppid question, can the sec be sued for the price drop when ripple wins the lawsuit? Because xrp's market cap lost a whopping 10 billion

thanks to sec, so sue those bastards at sec until they won't have a nail left to scratch their but with!

Depends. If Ripple is proved innocent and Ripple/XRP fail to recover, then maybe. If not, the SEC is righting Ripple's wongdoings and the price dumped because of Ripple's fraud. So you would need to sue Ripple. 

Edited by Troote
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1 hour ago, retep said:

Stuppid question, can the sec be sued for the price drop when ripple wins the lawsuit? Because xrp's market cap lost a whopping 10 billion

thanks to sec, so sue those bastards at sec until they won't have a nail left to scratch their but with!

I think to sue a gov commission you'd have to prove bribery or other corruption led to their actions, otherwise they have 

https://en.m.wikipedia.org/wiki/Sovereign_immunity_in_the_United_States

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2 minutes ago, Sotong said:

I think to sue a gov commission you'd have to prove bribery or other corruption led to their actions, otherwise they have 

https://en.m.wikipedia.org/wiki/Sovereign_immunity_in_the_United_States

So that would mean that any goverment could ruin any company and even when they are wrong, they get away with it?

Well i don't think so! I'm from holland and here the dutch irs is under attack because they made huge mistakes by putting alot of househols

in financial trouble, and now they have to pay!  So a gov isn't that immune as you think.

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2 minutes ago, retep said:

So that would mean that any goverment could ruin any company and even when they are wrong, they get away with it?

Well i don't think so! I'm from holland and here the dutch irs is under attack because they made huge mistakes by putting alot of househols

in financial trouble, and now they have to pay!  So a gov isn't that immune as you think.

It's not 'what I think', it's a fact, and I answered your question, about the US.

Maybe Holland hasn't sovereign immunity for gov entities but that's irrelevant, the SEC isn't Dutch. 

I too didn't like sovereign immunity as a concept, but that's also irrelevant as to your question... 

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Just now, Sotong said:

It's not 'what I think', it's a fact, and I answered your question, about the US.

Maybe Holland hasn't sovereign immunity for gov entities but that's irrelevant, the SEC isn't Dutch. 

I too didn't like sovereign immunity as a concept, but that's also irrelevant as to your question... 

Well then not what you think but what they think. They can declare themselves immuun whatever they want, but when 

they make mistakes that are out of order, then they can wipe their but with immunity, because that won't save them.

Now when a goverment make mistakes by accident then they can pull the immunity card, but not when they ruin things

or people or companies on purpose. The usa is not a banana republic but a democracy and goverment crooks

who f**k up things real bad are not untouchable. 

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5 minutes ago, retep said:

Well then not what you think but what they think. They can declare themselves immuun whatever they want, but when 

they make mistakes that are out of order, then they can wipe their but with immunity, because that won't save them.

Now when a goverment make mistakes by accident then they can pull the immunity card, but not when they ruin things

or people or companies on purpose. The usa is not a banana republic but a democracy and goverment crooks

who f**k up things real bad are not untouchable. 

Yes i agree with your sentiment generally, just saying, in order to remove that protection and successfully sue, you would probably have to prove Jay Clayton had malicious intent or took bribes from Goldman Sachs, or whatever. 

Many of government activities are disagreeable, I'm not arguing that ;)

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