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#XRPCommumity
After processing the significance of the “Hinman Disclosures,” in my opinion the @SECGov’s case against @Ripple has collapsed in plain view of the entire world as there was no legal basis to bring the case.
After processing the significance of the “Hinman Disclosures,” in my opinion the @SECGov’s case against @Ripple has collapsed in plain view of the entire world as there was no legal basis to bring the case.
To the contrary, the @SECGov’s own internal view (based on reasoned analysis and memoranda) was that #XRP was not a security. This is consistent with the pre-lawsuit analysis of @ValhilCapital, @giancarloMKTS, @FinCEN_nUSA/@TheJusticeDept (XRP is a “virtual currency”) and others
The lawsuit was brought as a weapon against the American people to prohibit their participation in the public transition to a fair, equitable and transparent blockchain-based financial system and directed by agents of the CCP and other communist factions.
