Ripple XRP: 🚨 The Hinman Emails: What Do We Know So Far?
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In a notable development, XRP has successfully attracted a surge of promising investment inflows, as evidenced by the latest report from CoinShares. https://t.co/6gpSlgsahV
— Michael Branch (@Michael63140627) June 13, 2023
https://www.newsbtc.com/news/xrp-could-be-set-for-a-breakout/
Make no mistake, the SEC's attempts to undermine the digital asset industry is a deliberate move–Gary Gensler has made it clear that he wants to see private cryptocurrencies fail to make way for a CBDC. pic.twitter.com/jw2OVgXgtO
— Senator Bill Hagerty (@SenatorHagerty) June 12, 2023
WOW
Mike Novogratz mentioned Hinman emails on Bloomberg. pic.twitter.com/pY6bG2f6BV
— CryptoMemeGuy (@xrpmemeguy) June 12, 2023
The next 36 hrs will be critical for crypto.
Today 5 pm: @Binance files its opposition to SEC's motion for order freezing assets of @BinanceUS
Tomorrow 2 pm: Hearing on SEC's motion to freeze assets
Tomorrow (sometime): Release of summary judgment exhibits (including Hinman…
— MetaLawMan (@MetaLawMan) June 12, 2023
Ripple CEO @bgarlinghouse Assures That Hinman Docs are Worth the Wait!! https://t.co/nMOm9roIof
— wEeZiE {X}💭John Deaton 4 Senate (@NerdNationUnbox) June 13, 2023
https://thecryptobasic.com/2023/06/13/ripple-ceo-assures-that-hinman-docs-are-worth-the-wait/
Wish I could go in depth now, but we've waited this long (18+ months), I don't want to overstep… suffice it to say @s_alderoty and I believe they were well worth the wait.
— Brad Garlinghouse (@bgarlinghouse) June 12, 2023
Ripple started filing! pic.twitter.com/mFAYGMEBVj
— Dr. Huber🔥🦅🔥 (@Leerzeit) June 13, 2023
Never Forget. Now we know Vitalik was on the phone with Hinman before the Ethereum Free Pass speech. https://t.co/EQ5FIlwyqm
— Digital Asset Investor (@digitalassetbuy) June 13, 2023
Hinman is instructed by his own colleagues that the speech will cause confusion and provide fewer details to give the SEC more leeway. That Hinman does not comply is his own. That Hinman's speech is subsequently supported by the Clayton Administration anyway and covered up by the… https://t.co/Gdmdrnx0AW
— Dr. Huber🔥🦅🔥 (@Leerzeit) June 13, 2023
Here is the first of two extracts covering a passage in the Rule 56.1 statement. There was some internal debate about whether to include #Ether. No problem. Let's just call Buterin for an unbiased opinion on how Ethereum works. We will just trust what he says. /7 pic.twitter.com/ImUwxhccWE
— bill morgan (@Belisarius2020) June 13, 2023
Well, after looking at the unredacted Ripple Opposition to SEC MSJ and Rule 56.1, it's disgusting how the @SECGov operated. Disgusting how it let Hinman get away with that speech. Disgusting how SEC purposefully made it official, behind-the-scenes policy to deliberately…1/3
— Fred Rispoli (@freddyriz) June 13, 2023
The SEC Office of General Counsel told Hinman his speech was confusing. They wanted him to tie more closely to Howey but his attempt was convoluted enough they thought it would "lead to greater confusion what is a security". https://t.co/C7qUsgdx9R pic.twitter.com/aOIjFu7i4F
— WrathofKahneman (@WKahneman) June 13, 2023
They pointed out to Hinman that what he says about Ethereum contradicts the rest of his speech arguing more for Ethereum being actually a security.
"We still, have reservations about including a statement directly about Ether in the speech. Even with the caveats in the… pic.twitter.com/95FjbHSKC3— Dr. Huber🔥🦅🔥 (@Leerzeit) June 13, 2023
THE POTENTIAL FALLOUT OF MAKING A DIRECT STATEMENT ABOUT ETHEREUMS STATUS AS A SECURITY
With the sentence about Ether, the reaction seems less likely to focus on the analysis, and more likely to focus on the potential fallout of making a direct statement about Ether's status as…
— Dr. Huber🔥🦅🔥 (@Leerzeit) June 13, 2023
Here are the actual emails: Page 1-4 https://t.co/hdTNDiw8iK pic.twitter.com/Vg2MmpFZrR
— Dr. Huber🔥🦅🔥 (@Leerzeit) June 13, 2023
