The Seriously Evil Conspirators find a new tactic

[HAL1000]

The SEC Screwing Everyone Conspiracy

To sum this up, pick on a little guy, who doesn't have the legal means to fight back, then via these potential easy wins in the courts, use them to set precedent on what is or isn't a security in the crypto space. EVIL has a name, Gary Gensler, this man is out of control and this agency is destroying America's future in the crypto space. If you live in the USA, then vote his supporters out of office, this man is not right in the head, he does not care about anything other than moving up the greasy pole, at the expense of anybody and everybody in the crypto space. He can't win in an honest fight with Ripple, so the SEC are playing dirty.

HEY GG FU, SIGNED 68,800+ XRP INVESTORS... YOU SELF SERVING PRICK.

HIM AND HIS FRIENDS WANT TO SMASH THE CRYPTO INDUSTRY, SO AS TO REBUILD IT THEIR WAY, THE JP MORGAN, GOLDMAN SACHS AND WALL ST WAY - THAT'S THE TRUTH OF ALL THIS SEC BS. KEEP IN MIND ETH GATE IS ALL THEM, MARKET MAIPULATION, REGULATORY CAPTURE AND SCREWING OVER THE LITTLE GUY, IF YOU WANT MORE OF THIS BS, THEN DO NOTHING AND LET THEM GET AWAY WITH IT.

ETH GATE IS NOT GOING AWAY, AND IT WILL CATCH UP WITH ALL OF YOU AT THE SEC, AND YOUR FRIENDS.

THE SEC AND INCUMBENTS ARE BASICALLY SAYING FU TO CRYPTO AND TRYING TO PUT IT ALL UNDER THEIR CONTROL, VIA PAID OFF POLITICIANS AND THE SEC, AN AGENCY THEY OBVIOUSLY CONTROL. WE ALL NEED TO STAND TOGETHER AND SAY FU BACK, SIGNED THE LITTLE PEOPLE * BILLIONS OF US. IF YOU LET THEM CONTROL THIS SPACE, THEN EXPECT NO MERCY, THE SEC WILL SUE EVERYONE WHO IS NOT THEIR FRIENDS OR PAYING THEM OFF, THIS IS WAR.

Edited July 22, 2022 by HAL1000

[Guest]

1 hour ago, HAL1000 said:

The SEC Screwing Everyone Conspiracy

To sum this up, pick on a little guy, who doesn't have the legal means to fight back, then via these potential easy wins in the courts, use them to set precedent on what is or isn't a security in the crypto space. EVIL has a name, Gary Gensler, this man is out of control and this agency is destroying America's future in the crypto space. If you live in the USA, then vote his supporters out of office, this man is not right in the head, he does not care about anything other than moving up the greasy pole, at the expense of anybody and everybody in the crypto space. He can't win in an honest fight with Ripple, so the SEC are playing dirty.

HEY GG FU, SIGNED 68,800+ XRP INVESTORS... YOU SELF SERVING PRICK.

ETH GATE IS NOT GOING AWAY, AND IT WILL CATCH UP WITH ALL OF YOU, AND YOUR FRIENDS.

I don’t think Fred realised the real implication. 

The employee and his brother/friend committed fraud. If that’s proven and the court doesn’t disagree that these tokens are securities, the next step is for the SEC to sue Coinbase for selling securities. Because that’s what the SEC is saying here. That there was fraud at an exchange that is selling securities without a license.

When XRP was alleged to be a security, Coinbase and the other exchanges were quite eager to delist XRP, even though it’s the court that determines the status.

These tokens also have been alleged to be securities, pending determination of status by the court. Will these tokens be delisted too? I have nothing against these tokens but I either want them delisted or I want XRP listed. If not, I’ll have no sympathy for Coinbase when it goes down.

[HAL1000]

https://www.crypto-law.us/connect-to-congress/

Edited July 22, 2022 by HAL1000

[HAL1000]

https://www.foxbusiness.com/markets/sec-chief-faces-scrutiny-gop-progressive-agenda

[HAL1000]

https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement072122

The CFTC fires a shot at the SEC:-

Statement of Commissioner Caroline D. Pham on SEC v. Wahi

“[I]n the words of Federalist No. 49, ‘The people are the only legitimate fountain of power, and it is from them that the constitutional charter . . . is derived.' Government is and should be the servant of the people, and it should be fully accountable to them for the actions which it supposedly takes on their behalf.” (H.R. Rep. No. 94-880 (Pt. 1), reprinted in 1976 U.S.C.C.A.N. 2183, 2184).

The case SEC v. Wahi is a striking example of “regulation by enforcement.”  The SEC complaint alleges that dozens of digital assets, including those that could be described as utility tokens and/or certain tokens relating to decentralized autonomous organizations (DAOs), are securities.

The SEC’s allegations could have broad implications beyond this single case, underscoring how critical and urgent it is that regulators work together.  Major questions are best addressed through a transparent process that engages the public to develop appropriate policy with expert input—through notice-and-comment rulemaking pursuant to the Administrative Procedure Act.  Regulatory clarity comes from being out in the open, not in the dark.

Twelve years ago on this day, the Dodd-Frank Act became law.  Since that time, the CFTC has faithfully carried out its expanded anti-fraud mission and has aggressively pursued wrongdoing in every one of our markets and all over the world.  Given the overriding public interest and the open questions on the legal statuses of various digital assets, such as certain utility tokens and DAO-related tokens, the CFTC should use all means available to fulfill its statutory mandate to vigorously enforce the law and uphold the Commodity Exchange Act.  This responsibility has been entrusted to us by the Congress and the American people.  The CFTC must not break that trust, and we must remember whom we serve.

[HAL1000]

 

[RandyMarsh]

5 hours ago, HAL1000 said:

https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement072122

The CFTC fires a shot at the SEC:-

Statement of Commissioner Caroline D. Pham on SEC v. Wahi

“[I]n the words of Federalist No. 49, ‘The people are the only legitimate fountain of power, and it is from them that the constitutional charter . . . is derived.' Government is and should be the servant of the people, and it should be fully accountable to them for the actions which it supposedly takes on their behalf.” (H.R. Rep. No. 94-880 (Pt. 1), reprinted in 1976 U.S.C.C.A.N. 2183, 2184).

The case SEC v. Wahi is a striking example of “regulation by enforcement.”  The SEC complaint alleges that dozens of digital assets, including those that could be described as utility tokens and/or certain tokens relating to decentralized autonomous organizations (DAOs), are securities.

The SEC’s allegations could have broad implications beyond this single case, underscoring how critical and urgent it is that regulators work together.  Major questions are best addressed through a transparent process that engages the public to develop appropriate policy with expert input—through notice-and-comment rulemaking pursuant to the Administrative Procedure Act.  Regulatory clarity comes from being out in the open, not in the dark.

Twelve years ago on this day, the Dodd-Frank Act became law.  Since that time, the CFTC has faithfully carried out its expanded anti-fraud mission and has aggressively pursued wrongdoing in every one of our markets and all over the world.  Given the overriding public interest and the open questions on the legal statuses of various digital assets, such as certain utility tokens and DAO-related tokens, the CFTC should use all means available to fulfill its statutory mandate to vigorously enforce the law and uphold the Commodity Exchange Act.  This responsibility has been entrusted to us by the Congress and the American people.  The CFTC must not break that trust, and we must remember whom we serve.

So many are speaking out and nothing comes of it. Who needs to speak up for something to actually happen? Who is enabling GG?

[HAL1000]

 

[Guest]

 

 

[HAL1000]

I just found a pic of GG's dog, they always say, pets take after their owners

 

Edited July 24, 2022 by HAL1000

[HAL1000]

 

[HAL1000]

Jungle Inc sums this situation up:-

 

[HAL1000]

Emmer: SEC using enforcement to ‘unconstitutionally expand its jurisdiction’

https://ambcrypto.com/emmer-sec-using-enforcement-to-unconstitutionally-expand-its-jurisdiction/