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BREAKING: RIPPLE/XRP Security By Executive Order? Ripple CEO/Chairman Email Release. XRP PRICE - YouTube
Channel: XRP LAB
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will the judge ruling hurt ripple do the
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emails threads of ripple contain
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evidence for the security and exchange
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commission
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what does jeremy hogan think stay tuned
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till the end of the video to find out
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but first we are giving away 50 xrp
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coins at the end of the month to one
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random subscriber to start on their xrp
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journey
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all you need to do is to like the video
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subscribe and comment your thoughts on
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xrp in the comment section
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welcome back xrp army let's grow the xrp
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lab community by pressing the like
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button and subscribing to this channel
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to stay updated at all times
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as one digital asset investor put it
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ethereum received a free pass and there
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was a lot that went wrong here
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he discovered something considerably
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worse throughout the course of this
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lawsuit and it is the footage in which
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joseph lubin describes how he intended
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to assist in disguised whale purchasers
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during the ethereum pre-sale
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he defined it as a picture paints a
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thousand words which is accurate
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apparently this is a screenshot from the
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ethereum pre-sale as reported by digital
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asset investor
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let's have a listen so there you have it
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all they needed was an email address to
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identify the masked whales who were
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participating in the ethereum ico
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to add to that james felin put this out
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in today ruling judge torres ordered
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three documents unsealed now
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172-1 the notice of brad garlinghouse
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deposition in the security and exchange
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commission formal investigation 179-4
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a chris larson email string and 179-5
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a brad garlinghouse email
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interestingly as has been the case
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throughout this probe chris larson and
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brad garlinghouse have been under more
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scrutiny than anybody else in the
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industry yet they have remained as clean
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as a whistle at every step they have not
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been accused of fraud or anything of the
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kind
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they sent out an email from chris larson
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and brad garlinghouse that was
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essentially phrased in the manner of the
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prose that they have always been
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there is nothing shady going on here
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based on the emails it seems that there
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is no evidence to support the security
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and exchange commission action
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according to the larson email thread he
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is just a plotting ripple for its
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ability to facilitate cross-border
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transactions
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in the email larson says from ripple
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perspective we could not be more excited
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about ex-border payments using
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blockchain and digital assets like xrp
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over swift the recent moneygram
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announcement is a great example of
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incumbents agreeing with our vision
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our view is to grow at full speed into
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these huge opportunities we are hiring
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as fast as we can at the same time funds
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like xpring are investing in new
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additional verticals and teams
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there are many many great opportunities
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of course that is not the whole email
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but i cannot just read out the entire
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email thread as then the video will get
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too long
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however i should point out that there is
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no specific proof for the security and
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exchange commission in these emails
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and the brad grilling house email
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secondly just last week more than 20
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ripplers including me had a very
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successful showing it comes the biggest
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blockchain conference of the year one of
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our company objectives is to build
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liquidity for the digital asset xrp so
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banks and payment providers can use it
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to significantly lower the costs of
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their cross-border payments
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our primary goal at consensus was to
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advance deals with digital at exchanges
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and payment providers that build 3p
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liquidity and payment volume
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mission accomplished both leading into
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the event and coming out of the event we
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cannot have great momentum in adding
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exchanges and payment service providers
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as ripple partners
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the bottom line is that we are committed
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to making xp the best digital asset for
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payments
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while cannot predict future market
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dynamics this is a very exciting time
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for us as the market is recognizing crp
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real use case liquidity for cross-border
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payments and technical superiority
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compared to other digital assets
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so do you see anything that is going to
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hurt xrp
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this is something i have been saying for
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a long time all of this stuff you're
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looking at is either a stage set and
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everything we are witnessing as a movie
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or there is something very horrible
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going on here
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i am not sure which it is there is a
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middle ground in this situation which is
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that everything has been arranged by the
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government and all of the other things
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then there is the possibility of a few
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bad actors thrown in for good measure
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that is sort of where i am leaning right
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now and a lot of stuff was planned a
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long time ago so i am not surprised
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i will explain why i believe this but
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along the route there are some terrible
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actors whether they are major mega banks
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or bad actors that decided they wanted
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to throw a wrench in the works
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i will explain why i believe this later
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to put it another way i believe that
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there is an overarching strategy in
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place but that there are some corrupt
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activities taking on inside the plan as
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well
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unfortunately a handful of paragraphs in
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an email from brad garlinghouse to
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workers concerning xrp holder's
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expectations for the price of xrp and
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ripple control over the digital currency
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might be detrimental to the ripple case
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as brad garlinghouse says in the email
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despite a proven track record of being
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good stewards of xrp we had continued to
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hear concerns in the market that ripple
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could hypothetically sell our 61 billion
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xrp at any time a scenario that would
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certainly be bad for ripple
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so with the decision to lock up 55
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billion xrp in escrow we have given
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investors a predictable supply schedule
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and removed what skeptics have suggested
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has been a barrier to broader xrp
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adoption
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according to jeremy hogan who reviewed
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the piece of evidence ripple seems to
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have put a significant amount of thought
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and effort into the xrp pricing and the
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usage of the phrase investors is
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regrettable
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as he says in a tweet it is not all that
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bad for ripple as it was sent only to
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ripple employees and the issue was
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whether xrp purchasers expect ripple to
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increase the price of xrp
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xrp holders back in 2017 never saw this
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email
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what do you think is jeremy hogan right
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moving on john deaton thinks judge
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torres findings are a good indication
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for xrp investors
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judge torres obviously supports public
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information as seen by these opinions
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deaton says that what these rulings
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clearly show is that judge torres favors
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public disclosure
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ripple cannot seal certain documents
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that is legal the same applies to the
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security and exchange commission think
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ahead we may ultimately get to see the
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63 hinman emails we may eventually be
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able to view the 63 hinman emails
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i do not think we will ever see the 63
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hinman emails because i do not think
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they will be able to show you those
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emails
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it would in my opinion place much too
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much pressure on not just the security
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and exchange commission but also the
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cftc
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i feel that many of these branches of
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government were engaged in all of this
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and that they do not want to be in the
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limelight
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so will the judge also disclose emails
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of hinman's speech so could judge torres
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stepping in means that the lawsuit might
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end in august as hogan predicted
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but at the time hogan expected a
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five-month briefing schedule before the
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judge even gets the case to make a
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decision which could take about three
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months
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if we take the dpp chapter into account
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that could mean the case will not be
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over before 2023
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he added that the parties can stipulate
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a shorter time frame and the judge would
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agree with that
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but do you think the security and
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exchange commission would agree to
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shorter time frames
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me neither make sure to subscribe and
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give us a thumbs up thank you so much
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for watching see you in the next video
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kindly note that the prices of
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cryptocurrencies frequently change so by
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the time you watch this video it might
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have changed to a whole new value
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the information provided in this video
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does not constitute investment advice
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financial advice trading advice or any
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other sort of advice and you should not
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treat any of the content as such
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the content in this video is for
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educational purposes only and hence
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should not be considered financial
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advice
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do conduct your due diligence and
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consult your financial advisor before
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making any investment decisions
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