The media is paying attention

[HAL1000]

https://www.thegatewaypundit.com/2021/09/breaking-exclusive-former-sec-chairman-clayton-directed-perkins-coie-draft-memo-giving-ethereum-bitcoin-unique-advantage-crypto-space-sec-sued-top-competitor-day-clayton/

Today we’ve uncovered a video that indicates former SEC Chairman Clayton was behind the SEC’s moves that created a favorable environment for two crypto companies, Ethereum and Bitcoin, while he was SEC Head. He dropped a lawsuit on their largest competitor Ripple on his last day in office.  We know that Clayton made out handsomely as a result.  

In June we reported on the case of the century that involved the newly developed cryptocurrency industry, China, and some corrupt individuals in the US government who were trying to take advantage of select cryptocurrencies that they had an opportunity to cash in on.

The big question on the Internet related to this story, is who made the call to give Ethereum an unfair advantage in the industry by labeling only Ethereum as a non-investment, allowing them to sidestep Investment-related regulations?

We found the answer to this question and it is the same guy who shackled Ripple on his last day in office, Jay Clayton.

In a video we found on YouTube Clayton is the one who directed Lowell Ness, a partner at Perkins Coie to draft the memo about Ethereum.

This video indicates Jay Clayton was with attorney Lowell Ness at a meeting at venture firm Andreessen Horowitz on January 25, 2018, where the former SEC Chairman asked them for advice and suggestions for a “playbook” that would essentially become the SEC Guidelines that would give Ethereum a ‘free pass’.  This meeting was confirmed on Clayton’s calendar.

The Perkins Coie team then took their document to the SEC and presented their position in April to the joy of SEC leadership.

Edited September 23, 2021 by HAL1000

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[Julian_Williams]

The allegations combined with this new evidence is now becoming very serious criminal investigation.  He openly brags that he wrote the memo that became Hinman's speech and Clayton commissioned his work months before the speech. 

So there we have it in sequence 2018 -2020

• Lubin's firm going bust
• Clayton organising third party memo's to make ETH a non security
• Hester Pierce being kept out of the loop
• Hinman making the speech
• The investigation into Ripple begun
• Lubin raking in money by issuing useless fund raising tokens on Eth (an out of date tech)
• Gensler visiting Clayton 
• Ripple being sued
• Clayton and Hinman going to high paid jobs connected with the Eth foundation
• Gensler being put in Clayton's chair telling us everything 

I am not sure if we have found evidence that Lubin's fortune from his revitalised company was used to  oil the cogs of this conspiracy against society?

 

Edited September 23, 2021 by Julian_Williams

[Julian_Williams]

I am guessing much of the stuff that has been found out by social media in recent days is the same stuff SEC were frightened of Ripple seeing in those internal emails they were holding onto.  I wonder if there is still more we do not know/

The only missing factor is the records of the money made by Clayton, Hinman and others whilst this was all going on, and whether Lubin was being messaged as if he were a member of the SEC commission?  I believe they kept H Pierce out of the loop.  Imagine if they were informing Lubin whilst keeping Pierce in the dark?

[Danny]

I'm starting to suspect several investors (Novogratz et al) were in the know about what was going on and what the SEC was ultimately going to do to Ripple and 'cleverly' chose to invest in BTC and ETH, not XRP.

[RipMcGillicuddy]

Jay Clayton was on cnbc today to make a statement about not having a conflict of interest. This is all so real. The army is (hopefully) giving Ripple's legal team an amazing assist with all of the public investigation. Hopefully it hasn't burned any of their own leverage now that so much is out in the open haha. I doubt it because something going on official court record is much different than Twitter still. 

[Barefooter]

More evidence of criminal activity! 

Unfortunately it is unlikely that even a single person will be held accountable.

[Julian_Williams]

At last Gasparino is talking about the "conflict of interest".  Code for "corruption"

I don't see how SEC will be able to keep a lid on this story once it becomes about corruption, and by extension questions about how much the present chairman is a cover up guy and friend of the perpetrators?  This is gathering into a meltdown moment for the SEC.

Can they continue the case whilst the mass media is questioning their motives, and how much money the previous execs who met with Gensler on the eve of starting the case,  made out of manufacturing this situation?  It is going to be very interesting to watch how the SEC answer questions about "how much of this did you know" against we are the honest regulators and friends of the country.  Can you be answering questions about your part in conspiracies and treason at the same time as being the honest brokers regulating the business community and weeding out corruption? How is this going to play out?

Deaton has put the evidence together on a time line in a very straight forward way with videos etc.  It is very little work for the hacks to write their stories from this script.

Then there is the question of why Genslser has ignored the 20,000 hurt investors that petitioned him to root out the corruption? His silence, perhaps advised by his lawyers, now suddenly looks like collusion with Clayton and Hinman?

Then there are the Chinese and Russian connection to Hinman and Clayton to discuss.  And the scripted conversations between senator Warren and Gensler?

meltdown.

Edited September 23, 2021 by Julian_Williams

[RipMcGillicuddy]

44 minutes ago, Julian_Williams said:

At last Gasparino is talking about the "conflict of interest".  Code for "corruption"

I don't see how SEC will be able to keep a lid on this story once it becomes about corruption, and by extension questions about how much the present chairman is a cover up guy and friend of the perpetrators?  This is gathering into a meltdown moment for the SEC.

Can they continue the case whilst the mass media is questioning their motives, and how much money the previous execs who met with Gensler on the eve of starting the case,  made out of manufacturing this situation?  It is going to be very interesting to watch how the SEC answer questions about "how much of this did you know" against we are the honest regulators and friends of the country.  Can you be answering questions about your part in conspiracies and treason at the same time as being the honest brokers regulating the business community and weeding out corruption? How is this going to play out?

Deaton has put the evidence together on a time line in a very straight forward way with videos etc.  It is very little work for the hacks to write their stories from this script.

Then there is the question of why Genslser has ignored the 20,000 hurt investors that petitioned him to root out the corruption? His silence, perhaps advised by his lawyers, now suddenly looks like collusion with Clayton and Hinman?

Then there are the Chinese and Russian connection to Hinman and Clayton to discuss.  And the scripted conversations between senator Warren and Gensler?

meltdown.

Can't believe this is all actually playing out like this. Clayton was running scared on cnbc today in my opinion. 

Something in me still believes Gensler is a better chess player than Clayton here. He accepted the role with a bird's eye view of the situation. The only aspect of this whole case that I can imagine Gensler would not have foreseen is the amount of evidence brought forth by the XRP army. I can also imagine Gensler seeing that ahead of time as a way to back Clayton and Hinman into a corner and to avoid all of the lawsuits that WOULD come if the SEC went back on ether's status. 

I think it's possible that the corruption, if exposed, gives cover for the potential of lawsuits over ethereum. I think Gensler and Warren could be playing a hand like that, and I think Warren's mention of the ethereum gas fees was the clue. This story below about spiraling (upwards) gas fees on ethereum was just dropped this afternoon as well. 

https://www.coindesk.com/business/2021/09/23/chaotic-time-magazine-nft-launch-sends-gas-fees-spiraling/

Seriously guys, I get more enthralled with this story by the day. It is incredible. 

And Ripple seem to be going on a bit of a PR blitz lately too. 

[HAL1000]

https://www.forbes.com/sites/jeffkauflin/2018/12/05/cryptopia-in-crisis-billionaire-joe-lubins-ethereum-experiment-is-a-mess-how-long-will-he-prop-it-up/

Edited September 24, 2021 by HAL1000

[HAL1000]

 

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[mm421wsp]

Now let me think....hmmmmm...where have i heard that name Perkins Coie before.......oh yeah, they're the dirty scum of the earth criminally corrupt hatchetman law firm of the Democratic National Covention and more specifically, Hillary Clinton.  They are the folks the DNC paid to hire Fusion GPS who ginned up the infamous "Steele Dossier"...wow, just wow.  What a tangled web.  Now to find out they're involved in the hitjob on Ripple and XRP too.  You can't make this s*#^ up if you were writing a book.