In an ongoing defense against an SEC lawsuit, Ripple has released emails tied to former SEC Director William Hinman’s 2018 speech regarding Ether (ETH). The emails show SEC officials deliberating over the clarity of the speech, questioning whether ETH should be considered a security. Discussions among SEC officials highlight the need for stronger language to affirm ETH’s non-security status. The emails also mention the importance of leaving room for discussion and reference the landmark SEC v. W. J. Howey Co. case. Stay tuned for further developments in this intriguing legal battle.

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    46 Comments

    1. It's actually financial fight between us and China! Because China open the door through Hong-Kong And us want to destroy it .. Because us is losing

    2. The SEC is looking really bad right now. I can't believe the SEC is so corrupt. Literally you'd think if the SEC was going after a company, they've done something bad. But after all this, how can you even trust the SEC? They seem shady and do whatever they want. Literally can't trust them.

    3. I think GG is being controlled by Biden and will ultimately be the fall guy when the crypto space has been damaged enough, or he is just completely mad.

    4. My inner voice is telling me this is about people with power who are invest in Bitcoin and Ethereum were beginning to feel those investments being threaten by up and coming technology like what is being constructed in Cardano network. It almost always is about money.

    5. The SEC is being exposed for the goon squad they are at the same time the DOJ, CIA, FBI, ET AL. are going down for being the double standard enforcing agencies they actually are. This ties in to the indictments against Trump. The Quantum Financial System is here and it's beautiful!

    6. I 100% agree ETH isn't a security until they switched to proof of stake over proof of work. Now they are a security, shot themselves in the foot.

    7. Unfortunately US is run by corrupt mafia,.. this mail means nothing even if the proof is thrown in our face,.. the truth doesn’t matter anymore.

    8. They know they will lose this case against crypto companies. Garry clearly given orders to do this for a temporary nose dive crypto prices before some big move is made. Maybe so banks and government to buy at a lower price for the last time. They know something big is coming that we dont. So scare as many as possible out of the space and then they will buy in with billions and even trillions. Just seems to be so ridiculously to think they could win a case that has so much against them. It has to be for short term reasons.

    9. Man, I know you didn’t mean anything by saying I’m glad we have this ripple case….. because there is a lot of us that are not happy that we have this ripple case! I know what you meant, you are a good guy! We need more like you in this space.

      My number one bag has been suppressed for over two years! all the way through the bull market we had to watch our crypto just sit still, while everything else was running wild!
      So I’m not happy that we have this ripple case! I wish we didn’t have any cases, and that the SEC would leave us all alone! XRP should be sitting at $7.50 right now And probably would be if it wasn’t for the SEC!

      The XRP army has been put down, talked about, laughed at, been labeled a (poop coin ) for years now we’ve had to endure this! I love your channel, but understand… we’ve been going through this for years.

      You all are just getting the first taste of it ….. so yeah, our nerves are a bit frayed! And we don’t want to hear how glad everybody is that our number one bag has been attacked for the last two years with nobody else really coming to help us out… No, all the rest of the crypto industry wanted to step on us while we were down! And that includes Charles Hoskinson.

    10. ah yes….power, greed, deceit
      such weakness

      “Anger, fear, aggression; the dark side of the Force are they. Easily they flow, quick to join you in a fight. If once you start down the dark path, forever will it dominate your destiny, consume you it will, as it did Obi-Wan's apprentice. “
      ~Master Yoda

    11. Why are we allowing these ppl in powerful positions to play games with our lives with little or no consequences WE RUN SH*T by way of the elected officials. But we keep letting them tell us we not smart enough to know what's going on when it's them that not smart enough to put forth adequate frame work to move forward while keeping all the control they have managed to obtain

    12. At this point, I am astonished anyone could have any kind of faith in the legal system when you see daily that it is a corrupted system.

    13. Dan one quuestion if you could answer me please or anyone else who knows. By the time we have that outcome why Robinhood delisted these crypto without even going in a lawsuit?

    14. Someone needs to be held accountable for this obvious manipulation. Unless Genslers life is being threatened or worse maybe his family, someone MUST go to prison. Lets Unite on July 4th in D.C. and declare Cryptos Independence from this corruption!!!

    15. As far as I remember, Charles Hoskinson said, several times, in his youtube videos : "if you are here to make money [at Cardano] you are in the wrong place, I'm sorry" – and yet…

    16. None of this matters with GG having restructuring acts naming him to be fired. It shows his reposition is to run for office with anti crypto stances or find a way to finesse himself a different position as a spokesperson for anti crypto legislation. It shows their hands by having to have this all come out in lawsuits. They overplayed their authority.

    17. This mayhem is deliberately being engineered to drive down the price of BTC so that the government can buy up as much of it as possible before rolling out the FedNow CBDC. They want to take as much BTC away from private institutional investors as possible. Gensler is just a lap dog🤔

    18. Time to buy more crypto and build an alternative financial future to the slave system that the central banks and their crazy as f owners have in mind for us .

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