Pages:
Author

Topic: SEC still wants XRP so badly (Read 219 times)

hero member
Activity: 2856
Merit: 674
April 27, 2021, 04:39:04 PM
#31
This is a battle, of course, SEC would want to win as they are the one who filed a case against the SEC, we will know what's the result of this lawsuit but as of the latest update, it seems like the development is favoring the XRP, however, it's a long way to go, so we don't have to celebrate this early yet.
sr. member
Activity: 2352
Merit: 245
April 27, 2021, 02:40:31 PM
#30
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/
I really don't know why the issue escalated like this. I thought it was nearly to close the issue and XRP wins but somewhat the hunt continues with a strong demand for possible closure or might be the seizure of XRP. This is bothering a lot for all XRP investors, this what I'm worried about, and the good thing I wasn't able to be attracted.

And now the problem arises, it could be the reason that XRP holders will do the panic selling. I foresaw a huge price decline a few days from now if the defendants won't help to solve the issue.
The ripple coin itself is not in danger. The SEC lawsuit states that if the violations are confirmed by the court, two specific executives of Ripple Labs will have to pay $ 1.3 billion in fines. Therefore, the court only decides whether the penalty will be awarded or not. Of course, this also indirectly affects the reputation of Ripple Labs and the coin itself. However, in any case, she will not be arrested or any other prohibition that would restrict her walking.
As for the subject matter of the claim, it is still difficult to determine what the final court decision will be, namely, whether ripple is recognized as a security or not. There is no established practice yet.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 26, 2021, 07:29:37 AM
#29
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/
I really don't know why the issue escalated like this. I thought it was nearly to close the issue and XRP wins but somewhat the hunt continues with a strong demand for possible closure or might be the seizure of XRP. This is bothering a lot for all XRP investors, this what I'm worried about, and the good thing I wasn't able to be attracted.

And now the problem arises, it could be the reason that XRP holders will do the panic selling. I foresaw a huge price decline a few days from now if the defendants won't help to solve the issue.
full member
Activity: 2128
Merit: 180
April 26, 2021, 06:36:31 AM
#28
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/
They are dealing with a huge money here and SEC will do everything to penalize XRP and of course, the case is still pending so there's still a chance that SEC will won the battle. XRP on the other hand are also doing their best to defend their side, this is a good battle between this two institution, let's just see and wait for the final result, SEC wont let XRP win the battle and XRP wont let SEC to ruin their reputation.  Grin
full member
Activity: 1820
Merit: 107
April 26, 2021, 06:06:04 AM
#27
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/

Well, what can we expect it is the SEC's job to pursue any case that they have started so in that case XRP was really not off the hook. It's another bad news that's why we can expect a little bit of impact on XRP price and it is already happening now because XRP price was started to dip down. let us see what will be the development of this information in the coming weeks.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
April 26, 2021, 05:52:16 AM
#26
First they will let them go through records and now they won't.
What the heck is happening with this SEC guys. It's like someone is backing it up and it's not just SEC's decision anymore.
Question is who or what company? Maybe politics?

If this will continue, they will lose more investors that gained their trust from winning the case of going through records only.
Now, they might be ready to sell it back because of this news. Expect big waves of price fluctuation with XRP's market.
legendary
Activity: 2338
Merit: 1124
April 26, 2021, 05:51:20 AM
#25
I do not know why SEC keep suing xrp instead of leaving it alone. Things you said might right, they do not want to lose, especially when they are a big authority of the US government. But things are changed. Old system will soon be replaced and if SEC does not change themselves, it will be wiped out
You are right, it seems SEC needs to be reorganized as per new demands from people and start-ups. I read XRP has won the previous case and not sure why SEC keep trying to accuse for "other" reasons. Even I am not personally like XRP due to its centralized nature, SEC must prove its accusation along with solid evidences whereas keep suing with different reasons definitely will lead to lose faith on them.

I was expecting SEC to approve bitcoin ETF somehow but after seeing how they are approaching XRP, I am no more confident about getting approved for any of bitcoin based ETF in near future. Let's forget bitcoin ETF completely.
sr. member
Activity: 1722
Merit: 269
April 26, 2021, 05:38:39 AM
#24
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/

Seems like the SEC won't let go off XRP so easily. I guess they are not used to losing a case or if not everything goes in their direction. The SEC probably never expected, that the judge would deny them access to the bank records of the XRP executives. That the SEC themself claims now that they are being harrased by XRP sounds kinda ridiculous to me as they are usually the ones who are harrasing the crypto market.
sr. member
Activity: 1050
Merit: 252
April 26, 2021, 03:54:52 AM
#23
I have to say that after years of going through the bull market after many years, the coins that can survive the FUD will always exist and grow very strongly. In the case of XRP, I am quite confident that everything will be mellow sooner or later and it will soon increase the market, with its position as it is now I do not believe there will be any factors affecting its existence, optimism on the current market still has a lot of good opportunities and if you take a little risk I think the results for the next time will be very worthwhile.

Long time battle not just with SEC but from those fuds that continue to surround this coin, it's up to everyone who continue to support
and buy this coin, risky but if fate allowed the profits is huge.
Always take your side according to how you believe and understand the project, it's important to make sure that you are really wlling
to gamble your investment if you continue holding this coin.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
April 26, 2021, 02:16:42 AM
#22
I have to say that after years of going through the bull market after many years, the coins that can survive the FUD will always exist and grow very strongly. In the case of XRP, I am quite confident that everything will be mellow sooner or later and it will soon increase the market, with its position as it is now I do not believe there will be any factors affecting its existence, optimism on the current market still has a lot of good opportunities and if you take a little risk I think the results for the next time will be very worthwhile.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
April 25, 2021, 11:23:49 PM
#21
Looks like a losing battle for XRP to me considering they're against SEC and now that SEC really eager to pursue the matter as far as they can it's gonna cost Ripple very much in the end probably. If it's happen to be the same case as USDT where they choose to hand out millions maybe its gonna settles the problem quite fast and not shake the whole XRP market but if ripple as the company behind XRP choose the long way as well then it might be a long costly fight.
SEC just have all the power to further investigate XRP whats stopping them from winning at this point? just my opinion though take with grain of salt.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
April 25, 2021, 10:54:29 PM
#20
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

https://cryptoslate.com/ripple-faces-new-hurdle-in-legal-battle-against-the-sec/
To be honest, if has invested in XRP, I see most people are making huge profits. Looking back at their mess with the SEC so far this year, it's been a long time for me to look at their problems. And I started working towards the trick of the great powers trying to suppress the price to buy it, up to now I think that the belief in XRP is different, I personally don't care about the legal issues between the SEC and XRP, I care more about the price and the news from the SEC will be meaningless at the moment, I basically think that Ripple will have enough solutions to solve the problems with the SEC, and XRP will continue to grow in the near term.
sr. member
Activity: 2380
Merit: 366
April 25, 2021, 08:38:52 PM
#19
U.S SEC don't plan on letting XRP escape it's grab, maybe probably they are XRP winning? Maybe this will be the first time that SEC lose a case? Read the new information surrounding XRP vs SEC that leaves investors trembling in fear

It is going to be a hard battle for Ripple since the SEC has unlimited resources at their disposal. Ripple may have earned some minor legal victories but for as long as the case is still in the courts, Ripple must expect that the full force of the SEC is still at them. For now, Ripple have not yet gotten away.

I do not know why SEC keep suing xrp instead of leaving it alone. Things you said might right, they do not want to lose, especially when they are a big authority of the US government. But things are changed. Old system will soon be replaced and if SEC does not change themselves, it will be wiped out

The SEC has its reasons as the main government agency implementing policies involving securities, and it has alleged that Ripple has illegally sold securities.

I don't think SEC is to be replaced soon simply because of its harsh actions against crypto companies. It is a powerful government body after all.
hero member
Activity: 1722
Merit: 801
April 25, 2021, 08:07:24 PM
#18
People need to calm down and have neutral thoughts on Ripple XRP. If they are optimists of XRP, they need to cool down and think of negative things of the project. If they are pessimists, they need to consider about chances from XRP if they invest into that coin.

Is it ok to start with?
XRP in my opinion, is a very tough choice and its price often have many months of sideway, if you invest into XRP, you might stuck for months. It is sort of depression.
On the other hands, when XRP takes off, it often is very big move.

XRP is not a good project to invest in long time as it is a centralized project and with or without SEC involvements, centralization means risk.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
April 25, 2021, 07:59:43 PM
#17
The truth is that what SEC really wants is out of court settlement and that should be considered by the XRP team. The sooner that this issue is resolved, the better for the XRP project.
Tether is not the same as XRP. When you were seeing the tether's case and it's about the transparency for the reserved funds and it's not related to the illegal security token sale offering like XRP.
That makes SEC will try all of the ways to sued ripple. This is a long-term battle between ripple and SEC.
I think that you knew the reason why SEC really wants to take ripple to the court.
hero member
Activity: 1876
Merit: 512
April 25, 2021, 02:27:52 PM
#16
I think the case between SEC and XRP team will end up the way SEC and USDT, they will likely settle out of the court, the money that these teams are controlling is huge and they are able to buy influence and power, just look at Binance, FTX, and Tether team.

I think there should be a way to curb action like that of Ripple, selling useless tokens to gullible investors who think XRP will be the next BTC
legendary
Activity: 3766
Merit: 1217
April 25, 2021, 08:01:19 AM
#15
I don't really care about XRP, because I don't even consider it to be a pure cryptocurrency. With almost 100% premine and almost complete centralization, Ripple has more similarity with fiat currency, when compared to other cryptocurrencies such as Bitcoin or Ethereum. Now coming to Ripple's issues with the SEC, I don't think that it is a very good idea from their part to openly challenge the authorities. Previously also we have seen a few projects committing this mistake. And we all know what happened to them after that.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 25, 2021, 07:14:57 AM
#14
The issues with SEC and XRP has been lingering for a while now, I thought they should have resolved the issue just like USDT. The truth is that what SEC really wants is out of court settlement and that should be considered by the XRP team. The sooner that this issue is resolved, the better for the XRP project.

maybe the reason why XRP is continuing their battle with SEC because they are seeing a strong case with them. that's why they refuses to settle their case. and SEC didn't see it coming that XRP team will fight this long. and btw, the documents that they are requesting from SEC I believe are vital in securing their win. this is why SEC doesn't want them to get a hold of those requested docs. and so with allegations that they are being harassed by XRP team.
you can read further here , what docs are they requesting for from SEC. seems that XRP will win on this one. and SEC doesn't like it.
copper member
Activity: 389
Merit: 1
April 25, 2021, 07:02:03 AM
#13
The issues with SEC and XRP has been lingering for a while now, I thought they should have resolved the issue just like USDT. The truth is that what SEC really wants is out of court settlement and that should be considered by the XRP team. The sooner that this issue is resolved, the better for the XRP project.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 24, 2021, 06:44:34 PM
#12
I do not know why SEC keep suing xrp instead of leaving it alone. Things you said might right, they do not want to lose, especially when they are a big authority of the US government. But things are changed. Old system will soon be replaced and if SEC does not change themselves, it will be wiped out
That could destroy the reputation of SEC. I think that SEC will be doing very hardwork but that sounds good. We know that ripple is the biggest quick rich scheme in crypto history for its team and developers.
Dude, the old system can't replace easily and you must remember the regulators were holding the power to control anything especially in its countries.
SEC will never be wiped out lol and how can you think about a non sense thing like this?

Pages:
Jump to: