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The SEC sue Coinbase


HAL1000

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Posted (edited)

These AHOLES never stop - hey Tom Emmer - when's that new day coming?

Ripple was taking up a large amount of the SEC's legal resources according to some sources, so it looks like their attack dogs have now been released on the rest of the industries main players, which most likely means whatever was going on with Ripple is done. Also I think they are doing this before summary judgement is announced, because they know it ain't going to be pleasant for them. One last roll of the dice for GG and friends, before either the courts or congress shut them down... maybe!

Edited by HAL1000
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https://www.dropbox.com/s/52izwjjgg3xf7xd/SEC v. Coinbase.pdf?dl=0

 

We now know which projects are considered securities at present. If the SEC contintues each lawsute will bring a better understanding of what is considered a "Crypto Asset Security"

Page:33

SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO—(the “Crypto Asset Securities”).

My question in all of this is what is the legal definition of a "Crypto Asset Security?"

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6 minutes ago, peanut56 said:

https://www.dropbox.com/s/52izwjjgg3xf7xd/SEC v. Coinbase.pdf?dl=0

We now know which projects are considered securities at present. If the SEC contintues each lawsute will bring a better understanding of what is considered a "Crypto Asset Security"

Page:33

SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO—(the “Crypto Asset Securities”).

My question in all of this is what is the legal definition of a "Crypto Asset Security?"

I have sent a visitor around to GG's place to find out :) 

 

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Posted (edited)

I don't want to be disrespectul towards any (North)American citizen, but it seems many of you still trust the state and institutions as if it was there to protect you. The judicial branch is just part of the state. Of course they will incarcelate a regular murderer just to justify they are "doing their work".

But, when it's about power and the core of the establishment, both the SEC and the judicial branch, it is just the state and will do anything to protect special interests, not the people.

This means, the SEC is acting to protect the establishment.

Ripple either goes for the global market and escapes the US or it will negotiate in a way that DOESN'T endanger the US Dollar or the special interests governing the US. Also it already lost 10 years (so it isn't the brand new tech it was then). 

We can expect better prices for XRP, but not up to the potential it once had. Anyway from here (0.50 cents), still an incredible good bet.

Edited by Gringo
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10 minutes ago, Gringo said:

but it seems many of you still trust the state and institutions as if it was there to protect you.

Have you not seen some of my comments lol, but you are correct. a lot of folks have fallen to the government can fix all your problems. In reality they can not even honestly run a lemonade stand. 

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A last ditch effort to crash the market before the Ripple verdict screws the SEC permanently?

 

Seems to only be a temporary glitch on prices so far.  Must be some bullish buyers out there.

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