LA Fintech Mix Mingle Get Wild #LAFintech #fintech #bitcoin #Siliconbeach #DTLA #LosAngeles #stopthesteal #jan6 #jan6th #cityhall #blockchain #regtech #banktech #startup #IPO #ICO #FintechforTrump #MAGA #CryptoCurrency #WomenforTrump

Ripple vs. SEC Simple Ending

Ouch,…….. intent of Ripple security violation. I almost don’t have to even read further.

Prior history of security violation. Bros, wow….

Bro’s need a BD not a MSB….

It gets better…

I would ask myself this same question when I would see similar posts on then #XRPTalk by Cryptographer-1.

Hmmm, interesting type of non registered market makers.

Investment banker #Ripple

Looks like unregistered BD #Coinbase here in 145…

Undisclosed rebates. Ok.

“HIGH VALUE target” @Gemini…..??

What #Rule144?

Hmmm market manipulation…

I guess 5.5 years of restriction is good…

Word…

What was one of the requirements of the Howey Test again??

What Howey Test? #thuglife

Hmmm, smells like, looks like, …… ie… MBS w/ currency risk.

It keeps getting better. $MGI comes along w/ a $52M profit…. I wonder what broker dealer they used?

Rolling on the floor laughing
Rolling on the floor laughing

#MoneyGram#EDGAR

Pumppppp and Dumpppppp, I wonder if homeboy left the country yet? $XRP

First Claim for Relief Section 5(a) and 5(c) of the #33Act violation. Gonna be an interesting refund of 17B $XRP value…

Wow weeeee….. Aiding and Abetting #33Act charges….. directly or indirectly, knowingly or recklessly provided substantial assistance to #Ripple $XRP.

This fine will make $TON look like childs play. This may be record breaking #SEC fine. #Ripple $XRP

Fuck Biden and Fuck You for voting for him! $XRP #Ripple #ClintonCrimeFamily #RippleSwell

Federal Reserve & FinCen on Non-Custodian Wallet Rumors

In the cryptosphere there’s a lot of talk about Treasury Mnuchin regulating non-custodian wallets. Brian Armstrong mentioned rumors that the Treasury is going to regulate un-hosted wallets. I’m not sure where this rumor came from but there was a rule proposed by the Fed Board and FinCEN 10-23-2020. “Threshold for the Requirement to Collect, Retain, and Transmit Information on Funds Transfers and Transmittals of Funds That Begin or End Outside the US”. HERE

Maybe the comments requested to be more regulated with “Non-hosted wallets“, who knows. But overall, I don’t see anything to do with unhosted or non custodian wallet regulation…… View all comments HERE

Full PDF proposal HERE.

Let me know your thoughts. Maybe I’m crazy….