Discover and read the best of Twitter Threads about #XRP

Most recents (7)

So far, this is the most thorough and accurate analysis of #XRP price action I've found:
Live feed from largest XRP bagholders today:
Read 3 tweets
0.0/ A lot of #crypto news today from the securities enforcement world:

- DOJ goes to trial on ICO-related securities fraud charges
- SEC charges broker-dealer & hedge fund with securities violations
- FINRA charges broker with fraud & dealing unregistered securities

Thread.
1.0/ Let's start with DOJ. Today's news relates to a federal criminal case in the Eastern District of New York: United States v. Maksim Zaslavskiy.

Zaslavskiy was charged in November 2017 on three counts of securities fraud in connection with two ICOs: "REcoin" and "DRC."
1.1/ DOJ says Zaslavskiy lied to investors when he sold these ICOs.

According to the indictment, he told investors that both coins were backed by real world assets: he allegedly claimed REcoin was backed by real estate & DRC was backed by diamonds.
Read 22 tweets
Ive been asked to shed some light on my opinion surrounding #xrp and the IMF. We all know the story about #Ripple + Chris Larsen + IMF so we wont go into that again.. lets look at the fundamentals behind why I believe xrp has a greater role to play in the global economy..
Currently the IMF issues what they call SDR (special drawing rights). These are issued to financially troubled nations as a means to provide them with liquidity to help get them out of sticky situations.. The SDR is backed by NOTHING. It has no real value like fiat money.
Since the SDR is backed by nothing & has no real value, the IMF uses a basket of worthless fiat currencies to determine a value for these SDRs. We look around the world today & we see with the US dollar as king, global currencies are unstable..
Read 21 tweets
Forget about SWIFT/Stellar/IBM & the rest. #Ripple is the chosen 1. #xrp is what will take the financial world forward & bring us to the new world order where artificial intelligence, robots & machines, will be able to make autonomous payments. #XRPthestandard #XRPthebase
If you find yourself doubting, take a step back & have another look at #Ripple. Start again with my tweets on the board of directors at Ripple. Understand that a company is driven by this board. Look at their globalist roots and agenda. Theres no way that #xrp fails. #XRPthebase
To those claiming that #xrp can only reach a certain value after many years are restricting something they understand very little about. All #Ripple needs to do is flip a switch when the time is right and the gnashing of teeth from btc & eth maximalists will commence..
Read 5 tweets
Thread for David S. @JoelKatz AMA responses 1/13

#xrp #xrmfam #ripplelabs #xrpcommunity
Congrats @XRPTrump 'most technical question today' !!
'do you think bitcoin is just a scam?' 2/13
'XRP labeled a security?' 3/13
Read 13 tweets
0/ Let's talk about @Ripple litigation & the slow journey toward answering the question: "is #XRP a security?"

Before you ask, I don't plan to discuss my own opinion on this issue. I'd rather leave that to the courts, as I'll explain here.

Thread.
1/ Ripple is currently defending four cases in California courts:

- Two state cases in San Mateo County, brought by plaintiffs Zakinov & Oconer
- Two federal cases in the Northern District of California, brought by Coffey & Greenwald

All four cases are securities class actions.
2/ The plaintiffs allege basically the same thing: XRP is a security and Ripple violated state & federal law by failing to register it before offering, promoting, and selling it to retail investors.

If you want more details, read the Zakinov complaint:
coindesk.com/another-invest…
Read 19 tweets
To help raise the tide of crypto, I'm going to be doing the 100 days of shitcoins challenge, where I'll try to provide digestible summaries for coins, hopefully inspiring you to want to learn more and DYOR.

Follow & Retweet so you don't miss a shitcoin.

coinsheet.org
Day: 1 Ripple (#XRP) #cryptocurrency

Enterprise payment settlement network that uses blockchain tech. Designed to move large amounts of money more quickly and reliably.

Centralized AF because few parties will be validating transactions.
Day: 2 Cardano $ADA #cryptocurrency

Currency + platform for decentralized apps + smart contracts + formal code verification.

Considered "3rd gen" crypto (improving upon $BTC & $ETH). Bunch of smart folks trying to tackle too many issues. Vaporware until proven otherwise.
Read 10 tweets

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