@bgarlinghouse
The sec put themselves in a weird position. By keeping this confusion they can sue anyone at anytime. This might be a tactic to hold the crypto currency market back
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This. ⬇️
This has been clear from the start -- the SEC’s lawsuit isn’t just about Ripple, it’s about what “...impossible standards of fair notice and due process” through regulation by enforcement can do to crypto innovation. “Anyone could be next without warning.” 1/2
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At least one learning I’ll take from this experience: never bet against the tenacity and thoroughness of Twitter sleuths! 2/2
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@bgarlinghouse
Anybody investing in a project is now second guessing if maybe at random the project will get sued and might crash because of the sec
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@JohnnyX218
@bgarlinghouse
It sure looks like the SECs whole business model is to pick winners and losers to line their own pockets. It also looks like they are paid by ”special interest groups” to make the choices. Disgusting!
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