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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25068952 No.25068952 [Reply] [Original]

Hey guys ya boi SEC here with an update:
Ripple is dumping copious amounts on retail investors, manipulates the market, nobody is using its products without being paid to do so, those paid to use XRPL immediately dump their XRP, the chad winklevii wants nothing to do with XRP despite being offered $1M just to consider it, none of the users of ODL are banks, use cases should really be called "use" cases, the overwhelming majority of ripple's revenue comes from selling XRP, ODL is more expensive than traditional alternatives, ripple sells XRP at 30% below market rate to institutions with no stipulations that they do not market dump immediately, the privately stated goal of ripple was to increase speculation, ODL volume is basically a sham to fool retail investors, ripple themselves said it's not a currency because you can't buy shit with it, ripple's internal policies treat XRP as a security, the CEO was paid by ripple to achieve a specific price target for XRP, ripple believes dumping XRP "according to liquidity" is part of their fiduciary responsibility to shareholders, and last but not least

XRP IS A SECURITY

>> No.25069041
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25069041

Thanks for protecting me. If gone unchecked, my xrp bags would have most likely mooned to new ATH's.

>> No.25069118

We know but why it took you guys +3 years to know

>> No.25069136

>>25069041
No problems, it's our responsibility to look out for all americans

>> No.25069144

>>25068952
who cares, im here for money, buyed .15 solled .65

>> No.25069211

>>25069144
We're happy to hear you got out before the scam collapsed. Unfortunately someone was on the losing side of that trade.

>> No.25069252
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25069252

>>25068952
based
how will cripples ever recover?

>> No.25069272

b-b-but the esoteric prophesies i didn't understand and the conspiracies? they used smug pepes and called me an idiot for not buying how can they be wrong?

>> No.25069332
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25069332

Unfortunately England, Switzerland and Japan disagree with that categorization

>> No.25069333
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25069333

*ahem*

FUCK xrp

that is all

>> No.25069335

I think they'll give the SEC 1billion of the escrow to settle and then the price will rocket due to long awaited clarity. Have to read between the lines here. It's nervy, but feeling bullish on this desu.

>> No.25069435

>>25068952
Anyone who thinks this is going to be more than slap on the wrist, a few millions in fines and then the red carpet being rolled out isn't paying attention.

>> No.25069453

>>25069335
I'm sorry, here at the SEC we only accept money (currency) for settlements

>> No.25069470
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25069470

>>25069335
>>25069435
These guys get it

>> No.25069492

>>25069211
Horseshit. You had 5 years.

>> No.25069786
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25069786

>>25069470
>>25069435
>>25069335
>this is bullish