Attorney Hogan Talks RIPPLE VICTORY at Hearing and Desperate Thoughts by SEC. What is Hinman Hiding?

[HAL1000]

 

[Julian_Williams]

It seems SEC are in a serious hole. 

• Whatever Hinman is hiding they are terrified of letting it out (corruption?)
• SEC are still refusing to release tine internal docs the judge has ordered them twice to pass to Ripple about their dealing with ETH and BTC (corruption?) 
• SEC have said losing on the Fair Notice defence (because of corruption inside SEC?) would have catastrophic impact on further cases they plan to take to regulate the crypto securities market.
• If SEC lose because of corruption, where does that leave them in the aftermath of losing?  How much in damages would Ripple counter sue for? 

Ripple have employees who were on the inside of SEC when all of this (Hinman/Clayton corruption?) was happening.  So Ripple know what to look for and how to build their case once they have the documentation.  Do Ripple have an interest in getting a quick judgement against SEC? (No?)

Gensler says nothing about the case and pretends everything is normal, but he sets up a staged letter with a deadline of 28th July from Warren with rigged questions.  Is this part of his escape plan?

Could he perhaps pull the case because it has been overtaken by events, ie a new regulatory framework for Ripple?  (just speculating)

Edited July 16, 2021 by Julian_Williams

[VanGogh]

36 minutes ago, Julian_Williams said:

Gensler says nothing about the case and pretends everything is normal, but he sets up a staged letter with a deadline of 28th July from Warren with rigged questions.  Is this part of his escape plan?

Could be why the SEC will likely push back against the judge more regarding her allowing Hinman to be deposed. Apparently it's very rare to do this but they must be desperate to at least delay until congress can bail them out, maybe on the 28th.  

[aavkk]

1 hour ago, Julian_Williams said:

It seems SEC are in a serious hole. 

• Whatever Hinman is hiding they are terrified of letting it out (corruption?)
• SEC are still refusing to release tine internal docs the judge has ordered them twice to pass to Ripple about their dealing with ETH and BTC (corruption?) 
• SEC have said losing on the Fair Notice defence (because of corruption inside SEC?) would have catastrophic impact on further cases they plan to take to regulate the crypto securities market.
• If SEC lose because of corruption, where does that leave them in the aftermath of losing?  How much in damages would Ripple counter sue for? 

Ripple have employees who were on the inside of SEC when all of this (Hinman/Clayton corruption?) was happening.  So Ripple know what to look for and how to build their case once they have the documentation.  Do Ripple have an interest in getting a quick judgement against SEC? (No?)

Gensler says nothing about the case and pretends everything is normal, but he sets up a staged letter with a deadline of 28th July from Warren with rigged questions.  Is this part of his escape plan?

Could he perhaps pull the case because it has been overtaken by events, ie a new regulatory framework for Ripple?  (just speculating)

You are certainly asking some interesting questions.  This is all fascinating and I'm really not at all surprised to see Congress really pressing for clarity at this point.  I'd happily forget all about Hinman and Clayton for regulatory clarity that allows DA's both new and established including XRP to thrive.  Even with the deposition I'd be surprised if the judge allowed a line of questioning which would risk a counter suit from Ripple but let's see.  

[HAL1000]

Self Enriching Criminals, corruption, crime, abuse of position, deliberate manipulation of markets, devastating markets, all part of the agencies' mission statement LOL.

This is an agency now in full on damage limitation mode, doing everything it can to protect itself from the backlash of an entire world of people and businesses etc, all out for justice.

 

[RipMcGillicuddy]

Is a deposition limited to questions only? Or in the case where Hinman might give a factually misleading answer (or flat out lie), could the Ripple team produce evidence to contradict? Though I suppose anything Ripple might use in this instance would have been shared with the SEC/Hinman.

[Julian_Williams]

strange, one day before Gensler has to answer written questions from Warren.  I cannot help but ask are the two events related?

 

[Guest]

Ripple’s lawsuit has nothing to do with the Warren’s letter.

The letter only deals with regulatory framework around exchanges that don’t have dealer/broker license to deal with securities and also potentially decentralised exchanges. It has nothing to do with the treatment of what type of crypto constitutes a security.

Any SEC proposal as a response to the letter is just a proposal / statement of intent. It’s possible that there will be a market reaction to the proposal, likely negative.

Edited July 16, 2021 by Ripley

[Valhalla_Guy]

Encouraging week of events, however we also have to realize where this theater is being played out. (US Court system) Perhaps if this were 25 Years ago there would be a ruling based on evidence, but those days are long gone thanks to Americans wanting activist judges. 
It will be a well orchestrated show, but do not look for a legal or even a logical outcome. Instead get your head-scratcher ready.
In America you can only measure the corruption by counting the “suicided” Courts are useless.

”Let the bodies hit the floor”

 

[FOOD]

On 7/17/2021 at 6:31 AM, Valhalla_Guy said:

Encouraging week of events, however we also have to realize where this theater is being played out. (US Court system) Perhaps if this were 25 Years ago there would be a ruling based on evidence, but those days are long gone thanks to Americans wanting activist judges. 
It will be a well orchestrated show, but do not look for a legal or even a logical outcome. Instead get your head-scratcher ready.
In America you can only measure the corruption by counting the “suicided” Courts are useless.

”Let the bodies hit the floor”

 

??

Does anything matter?

 

 

 

 

 

[RipMcGillicuddy]

Hinman Depo Day! I imagine it will take a little time before any tidbits come out from this so probably another slow news day. But I hope the ****** is ******.