Ripple's STRONG Case vs. SEC!! Implications For XRP? HD

Insider Info in my Socials https://guy.coinbureau.com/socials/ 20% Binance Discount https://guy.coinbureau.com/binance/ My Merch Store https://store.coinbureau.com TOP Crypto TIPS In My Newsletter https://guy.coinbureau.com/signup/ ~~~~~ Special thank you to Jeremy Hogan for his videos about the SEC vs. XRP lawsuit. Jeremy Hogan’s YouTube Channel: https://www.youtube.com/channel/UCFIioyI1rBmv7A4Nn6xhu-A Essential Videos Previous Video About Ripple Lawsuit https://youtu.be/Bmf2IILzEug Ripple Flare Network Explained https://youtu.be/4B4s_HVzDY4 Tokenomics Explained https://youtu.be/ftCaqG7wckg Why XRP Won’t Make You Rich https://youtu.be/qB-uw1aL3eM ~~~~~ - TIMESTAMPS - 0:00 Intro 1:07 Ripple Lawsuit Recap 5:20 XRP Army In Court? 6:56 Ripple & XRP News 8:40 Ripple Lawsuit Update 10:56 XRP Price Analysis 12:46 Ripple Lawsuit Outcome Analysis 15:46 Conclusion ~~~~~ ⛓️ Useful Links ⛓️ ► Full SEC Suit Against Ripple: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf ► SEC Amended Suit: https://www.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.46.0_1.pdf ► Ripple Response To Amended Suit: https://ripple.com/wp-content/uploads/2021/03/51-Answer-of-Def.-Ripple-Labs-Inc.-to-Pls.-FAC.pdf ► Brad & Chris File To Dismiss: https://ripple.com/wp-content/uploads/2021/03/bgarlinghouse_motion_to_dismiss.pdf ► XRP Holders In Court: https://cointelegraph.com/news/xrp-holders-get-green-light-for-motion-to-intervene-in-sec-vs-ripple-case ~~~~~ ‍Ripple Lawsuit Recap‍ In a nutshell, the SEC is arguing that XRP is a security because it involves an investment of money, in a common enterprise, with an expectation of profit that is being driven by the actions of a third party. The SEC’s evidence for third party expectations of profit is how XRP was used and marketed by Ripple, Brad, and Chris to partners, clients, and retail investors. Because Ripple, Brad, and Chris have been selling XRP for years without registering it as a security with the SEC, this means that those sales of XRP were illegal. XRP Army In Court? Just over a week after the lawsuit was announced, attorney John Deaton filed a 90-page petition which called for the courts to take the interests of XRP holders into consideration. The petition argued that the SEC isn’t fulfilling its explicitly stated mission of protecting investors by pursuing Ripple and its top executives. Instead, the SEC’s suit against Ripple did the opposite by crushing the price of XRP, and the regulatory scare caused many US exchanges to delist XRP which further added fuel to the fire. Ripple & XRP News The US based Uphold crypto payments and asset trading app noted they would not be delisting XRP until the dust has settled. A former Ripple advisor was tapped as a potential candidate to become the next comptroller of the currency which an administrative position for the US federal banking system.