The price of Ripple has dropped from $0.49 to $0.22. This video is accurate as of its posting date. With this late in the game regulatory determination, the SEC now deems that every Ripple sale for seven years was an illegal securities trade. Founder and catalyst of world-class finance teams in both rapidly scaling and established enterprises. The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs and its two executives – CEO Brad Garlinghouse and Chairman Chris Larsen – for raising more than $1.3 billion in an unregistered sale of the XRP token, which the regulator deems to … Content starts around 2 minutes into the video. A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. On the other hand, when XRP completes this trial, there will be no more obstacles in the future for XRP! Mediation is a process where the parties agree to have third-party lawyer, usually an older experienced lawyer in that area of law, work with the parties to try and reach a settlement agreement. THEREFORE, it is only towards the conclusion of discovery that a settlement is likely. Hang onto your hats and take a look at the Courts own statistics. Thanks for the great content Frank,I got into crypto in January and really appreciate your insights ….I've learned alot these couple of months and really am not bothered with these dips as the bigger picture looks amazing, Finance Made Simple - Personal Finance Channel May 4, 2021 5:28 am, Lots of coins on sale right now. 2020 isn’t ending well for blockchain payments giant Ripple, as the company is facing a lawsuit from the US Securities and Exchange Commission (SEC) regarding the sale of unregistered securities relating to the sale of XRP tokens to investors in America and abroad. So ALL 21 of Ripple’s lawyers will NOT be allowed to bill for this hearing – sorry Law Firm. So If the Motions have to be filed by October, the hearing will probably be a month or two after October 2021 and this is our 3rd situation. [watch fast]. The Southern District of New York has set a pre-trial date for a legal case between the Securities and Exchange Commission (the SEC) and Ripple (creator of the XRP token). Bitcoin is run by a [ghosts] where you could lose your money at any time, especially if the claim was legitimate against its Ghosts developers. In I will pull it up the actual Case Management Order and post it on Twitter if anyone wants to see it when it’s filed by the parties. Mediation works – more than 50% of the time, and that’s why Federal Courts REQUIRE it for every case. ► Ibotta $10 sign up offer: BG123 XRP The Gold Typical, XRP NEWS : Ripple Is Trading Higher! Everything they can get. Because I have recently completed a Case Management Order on my OWN case which happened to be filed very close in time to the Ripple case. Ripple ‘unlikely to settle’ before US securities regulator trial. ► 10,000 Subscriber Giveaway: Dates on Motion to Dismiss (Garlinghouse and Larsen) and Motion to Strike Ripple Fair Notice Defense, Chapters So, what is scenario #4? We’ll know much more on the 15th when the actual Case Management is filed but I’m pretty confident I am pretty close on the timeline. https://www.uscourts.gov/sites/default/files/data_tables/fcms_na_appsumary1231.2016.pdf. The SEC says Ripple has illegally sold XRP as an unregistered security from 2013 until now. Absolutely. Praesent id metus massa, ut blandit odio. I shouldn’t have said that – you will now forget what I just said. Per a letter filed in court on December 29, Judge Analisa Torres has set an “initial pretrial conference” for the case between the SEC and Ripple Labs, the company behind XRP, which the SEC is suing over securities violations. Counsel for the US Securities and Exchange Commission and Ripple shall present their cases to a New York court in February. Ripple XRP fixed to the selling price of gold. First note in paragraph #1 that is a telephonic hearing which is standard in Court nowadays. The videos on this channel are for educational/entertainment purposes only. ► Important dates: SEC’s Motion to Strike ► Crypto market down – still time to buy Proven as a trusted business adviser, building successful partnerships across functions and delivering bottom-line growth through implementing best practices, eliminating waste, and optimizing cost. The trial opposing the SEC and Ripple over the sale of XRP tokens will begin on February 22, 2021, and will be hosted via video call. Summary judgment means the parties essentially agree on the facts and its up to the Judge to determine as a matter of law what the outcome of the case is. Now, can the Ripple case settle before then? And that Ripple, its … A security, on the other hand, is a financial investment contract, typically tradeable, like a stock or bond. This February 22nd hearing is a standard Federal Court initial hearing and here’s the actual Order from Judge Torres. 10:11-Judge asking if any case law pertains. The lawsuit battle between the United States’ independent agency Securities and Exchange Commission (SEC) is still going, and it continues to gain momentum with the passage of time. Welcome back and join me in a legal analysis of the scheduled pre-trial conference by the famous law journal …. #XRP IMF Great International Reset? The next date to look at is the deadline for Dispositive Motions which in my case is April 2022 which equates to around October 2021 for Ripple. Pre-trial conferences are used to ensure a smooth trial, … Nice work Frank what if you’re not a USA citizen & live in Australia; can I record & post the phone hearing? Scenario #4 is that the case proceeds to Summary Judgment (or maybe a trial) and the losing side appeals to appeals to the 2nd Circuit. Crypto Technical Analysis, Finance Made Simple - Personal Finance Channel, WIN | BTT | DENT | HOT | price prediction | best cryptocurrency to invest 2021 | how to buy crypto, Top 10 Tips to Read a Crypto Chart! However, as mentioned in Ripple’s response to recent events, exchanges that have bailed are exercising extreme caution to avoid any legal repercussions during this period of uncertainty.. Ripple Pre-Trial Conference Date Set. Bitcoin trading right now will be at every wise individuals list. It is then expected that the judge can set a preliminary date for the hearing. Cryptocurrency technical analysis and crypto news. The new hearing date of the SEC case, which is thought to change the course of the crypto money market and Ripple, has been announced. ……..I love your videos keep up the good work. DISCLAIMER: I’m not a financial advisor/planner. The confrontation will happen after the SEC … The battle is just getting started for Ripple as the blockchain startup is to confront the US SEC earlier next year in February 2021. Preliminary hearings in SEC Ripple Case will take place over the phone. The $1.3 billion lawsuit filed by the SEC against Ripple Labs continues as the XRP community flocked to listen in on the discovery hearing. Today we talk about what’s going to happen at the conference and show you exactly what the timeframes will be and the 4 different settlement scenarios. while others still continue to trade without the fear of making lose, others are being patient. When xrp is relisted people will wish they bought in at 1.03, I have btt, bitttorrent coin, what will that be worth in 10 years possibly, thanks, godbless goodluck. 02:51 Upcoming dates: call on 4/30 Our First Target Hit! For me cryptocurrency mostly when it comes to Bitcoin has been my most traded digital asset and one of my major source of income for over 2years now, reason because I was able to study the market trend so as to know the best time to buy and trade and due to my research it is best to get involved in daily trading, his methods are top notch and profitable. Asian with a Cap & Backpack May 4, 2021 5:28 am. And that could absolutely happen with Ripple – just not in a 30 minute phone call – but it COULD happen tomorrow. MOTION TO DISMISS LAWSUIT?? Now, look down to the first important date which is the Discovery Deadline. Etiam at risus et justo dignissim congue. Sorry to be the bearer of bad news but that’s how long this could go if one party decides to appeal. Shine Li Feb 22, 2021 04:10 3 Min Read. The case between Ripple Labs and the SEC continues to make headlines four months after the regulator initiated the lawsuit at the end of 2020. ► Firstrade (Get 1 Stock When You Sign Up): Aquagoat finance Up today by 200% The future of crypto, Where can I listen to the conference thank you. 12:47 Concluding thoughts, =======================================================. | Crypto Charts for Beginners, Bitcoin price technical analysis – 18th February 2019, XRP RIPPLE HUGE NEWS!! Dec 30, 2020. (adsbygoogle = window.adsbygoogle || []).push({}); How can that happen? Your explanation is the best from all YouTubers.just subscribe.thank you for your hard work. The Chronicles of Daniel Doe May 4, 2021 5:28 am. Discovery are written questions and depositions and production of documents and those are the backbone of your case. If I want to follow the current situation between SEC and Ripple, do you have any recommended source of information for me please. Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple, an initial pretrial conference concerning the case is scheduled to hold in February 2021. ► WEBULL, deposit $100 and get 2 stocks (sometimes more) valued up to $1600: There I am below that listed as Designated Lead Counsel by the way. First of Many Trials. We won’t see the timeframes for about ten more days but – because I can see the future I can give us a very good idea. I initially thought there was enough here for a jury trial but I changed my mind after seeing the Kik Interactive case proceedings which were decided 100% at summary judgment. ► Earn interest on your crypto: ► SoFi Money $50 offer when you fund a new account 10% ROI: Recently a telephonic conference between both of these parties occurred on the 30th of April, 2021. In any case, let’s move on. The lawyers look at the EVIDENCE and draw legal conclusions on how likely they are to win and BASED ON THAT CONCLUSION they approach an offer of settlement. The conference follows a written request to U.S. Magistrate Sarah Netburn filed on April 16. Well, I settled a case today – a lawyer called me and said he wanted to discuss a settlement and 30 minutes later it was done. All Rights Reserved. : Make use of it. *Some products and/or links that appear on this video and channel are from companies from which Frank Chou may earn a referral bonus and/or an affiliate commission. Donec congue lacinia dui, a porttitor lectus condimentum laoreet. Repeat: only after OFFICIAL discovery is completed with testimony under OATH can you know who will win and who will lose. Suspendisse dictum feugiat nisl ut dapibus. The reply to the report to be published by the SEC can be given by June 4. 05:03 Upcoming dates: Motion to Dismiss Up until then you’d be settling based on guesses and this is a billion dollar issue – Ripple does NOT want to guess-settle. Once the Case Management Order comes out and there is a scheduled mediation, you might want to pick up a few more XRP the DAY BEFORE THE MEDIATION (wink). source, Frank Chou - Finance May 4, 2021 5:28 am. This coment still clear for scammer perhaps not a long the scammer coming. ► M-1 Finance ($30 when you deposit $100) 30% ROI: Sign up for Robinhood we both of those[…], In this video, I give an update on the trade set up I created on April 14th, 2019. 10:09-Ripple directing the judge to stop SEC from using these MOUs and produce any documents issued to these parties. The latest hearing took place on April 30. In the SEC vs. Ripple litigation we have the pre-trial conference scheduled for February 22 but this hearing is NOT what you think. Ripple’s lawyers issued this request on behalf of Ripple’s CEO, Brad Garlinghouse, and executive chairman Chris Larsen. Attorney Jeremy Hogan is a partner at Hogan & Hogan. In Paragraph 4 you see that the parties are required to file a proposed Case Management Order before February 15 and it’s actually the Case Management Order that will give you all the deadlines and tell you when the actual trial will be held. …Coingeek?
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