12-25-2020, 06:45 PM
This is what is going to happen with the ripple lawsuit
<!-- SC_OFF --><div class="md"><p>The sec wanted to settle and offered settlement to ripple, garlinghouse and Larsen chose not to and chose for this to go to court. They could have settled and payed a fine. I still think they will reach an agreement with the SEC now that Jay Clayton has gone.</p> <p>90 + percent of trading and movement is done on the Xrp ledger OUTSIDE of the USA. Multiple g20 countries have already decided and declared it is a currency, fincen and the us treasury department have done the same.</p> <p>You probably hate ripple, you probably hate Xrp. The Xrp ledger exists without ripple no matter what you say, no matter what the sec says. Ripple has the capital to fight this and ex sec enforcers on their board.</p> <p>They broke fincen rules and payed a fine. I dare say the same is going to happen with this case.</p> <p>At the end of this ripple get what they are chasing after, regulatory clarity not only for Xrp but other cryptos.</p> <p>disclosure I hold btc, eth and xrp. Just not going to fight over lines of code like half the people on here.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Lemonmule69"> /u/Lemonmule69 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kjt73w/this_is_what_is_going_to_happen_with_the_ripple/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kjt73w/this_is_what_is_going_to_happen_with_the_ripple/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The sec wanted to settle and offered settlement to ripple, garlinghouse and Larsen chose not to and chose for this to go to court. They could have settled and payed a fine. I still think they will reach an agreement with the SEC now that Jay Clayton has gone.</p> <p>90 + percent of trading and movement is done on the Xrp ledger OUTSIDE of the USA. Multiple g20 countries have already decided and declared it is a currency, fincen and the us treasury department have done the same.</p> <p>You probably hate ripple, you probably hate Xrp. The Xrp ledger exists without ripple no matter what you say, no matter what the sec says. Ripple has the capital to fight this and ex sec enforcers on their board.</p> <p>They broke fincen rules and payed a fine. I dare say the same is going to happen with this case.</p> <p>At the end of this ripple get what they are chasing after, regulatory clarity not only for Xrp but other cryptos.</p> <p>disclosure I hold btc, eth and xrp. Just not going to fight over lines of code like half the people on here.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Lemonmule69"> /u/Lemonmule69 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kjt73w/this_is_what_is_going_to_happen_with_the_ripple/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kjt73w/this_is_what_is_going_to_happen_with_the_ripple/">[comments]</a></span>Kind Regards R