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The SEC has filed a Letter of Supplemental Authority


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Hmm. 

So the SEC thinks Penny stocks, which represent the stocks in a company, are the same thing as a digital asset that has utility and gets burned, in turn giving it a deflationary nature? 

LOL, wtf is the SEC thinking? You can't compare the two because they are not the same. 

1.) Stocks are stocks. Crypto is not a stock. 

2.) That lawsuit they are using as an exhibit was decided upon on January 22, 2022? Is that right? 

Is this why they delay, delay, and delay so they can try to persuade the judge case law precedents should influence her ultimate decision on fair notice? 

This is a new asset class. You idiots! Don't ruin it for our country. 

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The SEC are criminals acting on behalf of criminals, it's clear to anyone who has followed this case closely. It used to be, a couple of rotten apples, that spoiled the barrel, but apart from Hester Pearce and Elad Roisman, all I see is a bunch of privateers acting on behalf of their political and incumbent banking masters.

This agency is a disgrace to the USA and shows blatant corruption at the highest levels of our world. The little people who this agency claims to protect should burn this agency, with GG, BH and JC still in it, to the ground. It's a cesspool of corruption and skulduggery.

There is enough video and documented evidence to show, THEY all personally profited from this and GG is still after even more power. THEY hate crypto, so regulate and tax the hell out of it, that's the plan, legalities be dammed. Now watch THEM try to move the goal posts legally speaking to suit THEIR agenda.

What is THEIR agenda, cryptos are securities and everyone in the USA who touches them, will have to be securities registered and under GG's thumb and more to the point approval list = (JP Morgan / Goldman Sachs) and friends = massive potential profits for them, with their mates at the SEC once again helping them get what THEY want.

Rant over.

Edited by HAL1000
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All these delays from the SEC speak volumes, they never had anything!!  they had 8 now 9 years to build a hell of a case if they had anything.  Talk about pulling $h!t out your ass and throwing it against the wall hoping it sticks. You have to love how the people in the pockets of Ethereum are trying to do everything to keep the competition at bay for the vaporware which is ETH 2.0 (Oh wait a minute I think their calling it something else now) They have to rebrand it so it doesn't seem like they have been talking about it for 6 years now.  This entire case is just one big delay tactic and hopefully the judge see's that. If XRP is a security like it has been said why have the SEC not sought an injunction to order the halt of all sales?? Has there ever been a case where they claim something is a security and haven't sought an order to halt the sales of said security.  How in the hell does ripple get a free pass to continue selling?  I tell you how "XRP is not a security, and they know it!!" The SEC's goal here is not to win, it's to gain more time.  We really need to drive the numbers on John Deaton site so people can be investigated, the SEC is not going to stop until they start hearing words like Subpoena, etc!! 

Edited by RikkiTikki_is_Back
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Honestly, I don't think ass hat Jay Clayton was going to file a lawsuit against Ripple, somebody higher up with something over his head got in his ear.  Look at it he filed it in his final hour like it was an "Oh sh!t I forgot to do thing!"  We need to find out who is the dirt behind dirty Jack off Jay, Barnacle Bill & Groupie Gensler!!

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2 hours ago, RikkiTikki_is_Back said:

Honestly, I don't think ass hat Jay Clayton was going to file a lawsuit against Ripple, somebody higher up with something over his head got in his ear.  Look at it he filed it in his final hour like it was an "Oh sh!t I forgot to do thing!"  We need to find out who is the dirt behind dirty Jack off Jay, Barnacle Bill & Groupie Gensler!!

JP Morgan / Jamie Dimon and the Goldman Sachs boys + their friends at ETH and their political puppets.

It was a simple plan, get ETH a free pass, why because as Joe Lubin has said on video, our friend Jamie Dimon... got a lot of ETH cheap, as I bet a lot of his other Wall St banking buddies did as well. As JL said, you could buy a lot more on the sly, bypassing securities law if you know how, he then went out on video and told them how.

The plan is going great and JD / JL / JC and BH are all onboard, COOL, ETH a pay to play economy they can all massively profit from, now they just need to slide it through the regulatory door = BH's speech :)

Job done, ETH free pass, nobody is any the wiser, now make a bunch of public statements (opinions) saying ETH is not a security, due to some BS they and their friends in the legal (cough) profession pulled out of their behinds.

Then put the max hurt on the competition, XRP lawsuit - make it last as long as they can (file on the last day, thanks JC your cushy new well paid job awaits). What about future SEC action and keeping the hurt on the competition, no worries we got one of our own to back you up, in walks GG.

JC / BH / JD / JL and GG all break out the champagne.

Then incomes the party crasher, John Deaton, WHO, WTF is this, say the powers that be and where did all these social media Sherlock's come from. First ignore, then deride, then call in the big guns and move the goal posts:-

Corruption, lies and an endless amount of BS, whilst all the time making off like bandits at the expense of XRP holders. Now the SEC are in a bind, and they are lost in a web of their own lies... can't wait for ALL of the movies that will be made about this. Those involved may want to keep this in mind, the future is not going to paint you as anything more, than the villains you are and in a very public way... no more than you deserve.

 

 

Edited by HAL1000
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