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🔥 WE ARE BEFORE BIG INVESTORS IN CRYPTO | XRP (RIPPLE) BIG WIN | BLACK ROCK WANT WALL ST IN CRYPTO
🔥 WE ARE BEFORE BIG INVESTORS IN CRYPTO | XRP (RIPPLE) BIG WIN | BLACK ROCK WANT WALL ST IN CRYPTO - In this video, we discuss XRP News today, crypto news today, and more. - In this video, we discuss XRP News today, crypto news today, and more.
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SEC Loses Motion to Shield William Hinman Speech Related Documents
This week, judge Sarah Netburn denied an SEC motion for the courts to reconsider a ruling relating to a famous 2018 Hinman speech. Hinman said that Bitcoin (BTC) and Ethereum (ETH) are not securities.
Defense lawyer James Filan took to Twitter on Tuesday, highlighting the big win for Ripple.
Filan tweeted,
“The SEC seeks to have it both ways, but the speech was either intended to reflect agency policy or it was not. Having insisted that it reflected Hinman’s personal views, the SEC cannot now reject its own position.”
This week’s ruling followed some upbeat news updates from the case that had failed to support an XRP breakout.
Former SEC official William Hinman appears to be a central figure in Ripple’s defense and a concern for the SEC.
Last weekend, Empower Oversight successfully forced the SEC to release emails related to the Ripple lawsuit.
The emails insinuate that William Hinman continued to hold meetings with Simpson Thacher. These meetings took place despite warnings from the SEC ethics team.
In December, Empower Oversight filed a lawsuit against the SEC, claiming that former SEC officials were biased against Ripple Lab and XRP. Empower Oversight alleged that the former received millions of dollars from his former employer while helping guide the SEC’s regulation of cryptocurrencies.
His former employer, Simpson Thacher, is part of a group that promotes Enterprise Ethereum. The lawsuit claims that Hinman said that Ethereum wasn’t a security, causing an ETH price spike that preceded the Ripple Lab lawsuit, which led to the slide in the value of XRP.
For Ripple and XRP price support, favorable decisions to several motions would support a breakout ahead of the Joint Proposed Scheduling Order, due on April 22, 2022.
Enjoy the video! Stay safe everyone. LET'S GO!!!!!
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VIDEO TAGS
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