XRP PRICE AS SEC ASKS FOR $5,200,000,000 RECORD FINE FROM TERRA
you know how the SEC asked Ripple to pay
a $2 billion fine and ripple came back
and said screw off we’re only going to
pay 10 well guess what the SEC just said
hold my beer Doan terraform we’re going
to find you
7.2
billion yeah Gary is off his effing
rocker we’re also going to talk about
some big moves in the market BTC action
along with xrp price action
and what is going to happen next with
the court case between Ripple and the
SEC sup chicks and dudes how are you
doing this hump day the 24th of April
Aunt Linn online starts off says CLA I
wanted to share this with a friend who
would appreciate it I caught the Black
Rock harar news early and forx my
short-term trading account this
girlfriend is having a spot day you go
girl and you have one hell of a spot day
love hearing about victories on this
Channel as always in the beginning I
share the viewers comments first cuz yes
the viewer is most important we’re going
to talk about some Ripple SEC news along
with some Doan SEC news seriously the
SEC is completely unhinged but first
Bitcoin sitting at 6618
3255 look at dot pulling back here 22%
for the month by the way that’s what I
have up on the screen I have the on
month heat map so you can see what the
markets look like over the last month
what about Aunt Lyn’s H bar look at that
44% up in the month look at mint is up
34% dog with hat still up big but guess
what everyone we got news to cover us
regulator seek $7.2 billion fine for
terraform labs and Doan does the SEC
just like take numbers and just throw it
at the wall and hope that they stick I I
mean I swear like you just make up
you know next time my wife is like Claus
what do you want for dinner I want
Alaskan snow crab with bearing C caviar
from the freshest of beluga Wales I’m
going be like what the is wrong
with you I’m be like dude I’m trying to
be like the SEC I want to see if this
stuff sticks and I’ll be like I’ll just
take like some Ramen or something like
that add extra seasoning so I feel fancy
the US SEC wants to impose a 5.3 billion
7.2 billion fine for terraform Laz and
its co-founder Doan that’s 5.3 billion
in the US details of the proposed fine
which would be crypto IND hist’s largest
come after Doan and terraform were found
liable for fraud earlier in April
involving a two-e trial Quan and
terraform made more than 4 billion in
ill gotten gains and the SEC wants that
back and remember this is how this all
started right and that’s why I’m
bringing this up this all started when
remember USD pegged right algorithmic
stable coin and wiped out $ 40 billion
dollar in the market that’s what started
this whole like massive price erosion
because remember it was Doan us all that
kind of stuff that remember then Celsius
Babel 3ac it just kept going and going
and going the proposed fine comprised a
4.2 billion discouragement penalty 545
million in prejudgment interest and hold
on this is how you know the SEC smokes
massive amounts of Chiba and if you ever
think Gary and the crew over there
aren’t ripping four-footers and so forth
dude this tells you and a 420
million And1 million civil penalty fines
yeah the SEC is like yo bro we want $420
million forget the two-footer let’s grab
the four-footer and hit it strong well
done SEC all told the fine would surpass
5.2 billion US
7.2 in Singaporean money dude that is a
lot now Bitcoin Mount gox action okay
Mount go lot of money being paid out but
seriously I’m not worried about it all
the things that I’ve seen screenshots of
the payments they’ve been like little
amounts here and here and here and here
it’s not like they’re doing one big
like9 billion doll meltdown no they’re
doing it in really small chunks and the
market honestly is eating it up without
any worry whatsoever in fact when I
switch it up to the one day for the heat
map you can see here right I mean
nothing too crazy for the heat map so
I’m not really too worried about monx
now I know there’s going to be some
concerns people are going to be like but
bro people are going to liquidate look
not everyone who’s going to get their
Mount stuff is going to liquidate take
their BTC Bitcoin cash and move it into
Fiat not everyone some people are going
to keep it in the market because they’re
like yo our money’s been locked up for a
while now we rich AF like Aunt ly action
who’s having a spa day you go girlfriend
now the SEC asked Ripple to pay two
billion Ripple came back and said go
yourself we’ll pay 10 so obviously
10 is now what they’re going to pay okay
one side is at 2 billion the other side
is at 10 million they’re so far apart
that this is going to get messy and this
is going to take some time now one of
the big misconceptions I’ve been hearing
and I want to clear it up is that they
will pay 10 million no that’s not true
that’s what Ripple said hey this is what
we believe we should pay for a fine is
10 million so when you have the SEC over
here on one side at 2 billion ripple at
10 million dude there ain’t going to be
no settlement these sides are way too
far apart now what’s going to happen is
is the SEC then is going to respond to
Ripple’s brief okay so they’re going to
respond to it it we’ve got some time
till that happens so when that happens
we’re going to see okay well wait a
minute the SEC is going to be like okay
well maybe we only going to find you 1.5
billion we have to see what the sec’s
response is and then remember if this
goes on and on and on and the two sides
don’t come to an agreement this goes to
a jury the jury gets to decide the
penalty now here’s the court action okay
I just wanted to share this with you
because as always any article you see in
this video should be linked in the
description below this is basically
talking about all the stuff where
they’re like hey look SEC you’re going
after stuff unfairly you’re not playing
by the rules it’s a very very lengthy
read and in fact give me a second here
in fact I think this thing was was it
hundred something Pages give me a sec
yeah 186 pages so have some Toilet Time
ready if you want to read ripples
response so remember sec’s response is
going to be coming here in the near
future now in terms of price action hey
the price did move up a little bit here
we did touch 57 cents speaking of touch
it I think you should touch it right now
yeah I mean like look you can’t see
what’s happening below this half so yeah
I would say you touch it the like button
and if you really feel like touching it
touch like the notification Bell so you
get notified when this guy’s up on the
screen and if you really like touch it
touch the Subscribe like and
notification Bell if if you touch it
three times in one day I would say
you’re a pro I would I would say you’re
a pro and you’ve got some good stamina
and recharge ability probably more
rechargeability than stamina but anyways
we hit that 57 Cent Mark now we’ve
pulled back down to 538 all right and my
worried no not whatsoever why because
the market didn’t have any big Ripple
effects you like that with any of the
news that’s gone on lately check it out
when I go to the one month look at this
okay yeah I get it we’re up at 65 we
know about the big Market correction
when it came with all the Israel action
over the weekend but now the Israel
action is still going on and the markets
are steady right the fear just isn’t
there so you can see now that the fear
part is over with the fear selloff xrp
is holding fairly steady above 50 cents
and that’s something that we can all get
excited about can we get excited as Aunt
Lynn is who forx on her black rock H bar
no probably not but being above 50 cents
is better than a sharp poke in the eye
or better than a poke in the eye with a
sharp stick is that how that saying goes
you know and I got to be honest with
everyone the market is a lot stronger
now than it has been even a few months
ago think of what all this ETF action
did for us right it gave a lot of
traditional finance a way to get some
crypto exposure while still being a
complete and not buying crypto
directly now I know we would rather than
buy crypto directly because it would
help us all out probably a bit more than
them getting into the ETFs but that’s
okay though because think they’ll get
exposed Ure with the ETFs they’ll dip
their toes in the water after their
pedicure spot Day Aunt Lyn shout out to
you and then what’s getting happen they
like well maybe we could get more into
this crypto stuff yesterday I did a
video about the New York Stock Exchange
thinking you know what we might be
losing market share to crypto because
crypto markets trade 247 and when the
Israel action happened oh my gosh the
crypto markets pulled down but the
traditional markets had to wait over 36
hours to trade that action so New York
Stock Exchange is like yo maybe we can
take some you know some guidance from
the crypto markets and be able to trade
247 if you want to hear about that story
and ripple given the big middle finger
to the SEC that’s this video right here
check it out you will not be
disappointed what am I doing today well
yesterday was an auction day and there
were two auctions I won a few Lots I got
to buy some stuff I bought some gold I
bought some silver I bought some knives
for my son good dad stuff let me know
what you’re doing in the comments ments
down below a ly I know what you’re doing
spa day girlfriend I’ll catch you cool
cats later
This is a news channel with all links cited below. My humor is my own, and the news is well the news, either good or bad.
๐จARTICLE LINKS๐จ
read://https_www.straitstimes.com/?url=https%3A%2F%2Fwww.straitstimes.com%2Fbusiness%2Fus-regulator-seeks-72-billion-fine-for-terraform-labs-kwon
read://https_cryptodaily.co.uk/?url=https%3A%2F%2Fcryptodaily.co.uk%2F2024%2F04%2Fbitcoin-grinds-higher-despite-mt-gox-9-billion-btc-payout-overhang
read://https_timestabloid.com/?url=https%3A%2F%2Ftimestabloid.com%2Fripple-vs-sec-case-as-of-april-24-2024-10-million-proposed-fine%2F
https://www.dropbox.com/scl/fi/z57n3w37mr6mirqaajutn/Ripple-Remedies-Opposition-4.22.24.pdf?rlkey=dzxh1l6z47qcczbckorjncchp&e=2&dl=0
Let’s be clear here, what happens to Bitcoin BTC affects the entirety of the crypto market including XLM, XRP, ETH ETC
2023 will have so many big events for Stellar XLM and Ripple XRP.. With ETH and BTC dealing with gas fees, XLM and XRP don’t have the same concern.
With DEFI and CBDC being big on the crypto radar this video will fill those needs. Yes, we go deep and organic and bring you the juicy bits related to STELLAR. SOL SOLANA
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47 Comments
The SEC is begging for someone to stop them. I think it is a cry for help. Elizabeth Warren is drunk with power, and pushing Gary toward the cliff. I believe he sees this as his only way out, he's even sick of her shit….
Love the show Brother! Always facts! Keep up the great work!
Something needs to be done here SEC should be shut down
Sec was sucking on a 4ft dick bong before that shit
Letโs go HBAR! Appreciate you Klaus!
all sec chair does is fine cryptos, never create regulations for them to follow…..but, when sec feels they violated a non exissting reg. they find them big time. this sec chair is the most corrupt that the sec has had in a long time…..and they have had some really corrupt doozeys. this sec chair wins the corruption trophy
Wtf Jamie Dimon gets charged with Rico charges ..and puts the blame on his traders ..gets a fine of 999 million …he should have went to jail just like Bernie Madoff …..there aren't enough things I can call these corrupt f….s.
Hbar winning ๐
"A million…bajillion dollars."
Killin' it w the thumbnail!! LOL
Unfortunately, not another spa day, Klaus… but, I am going to devote most of this morning to touching the LIKE BUTTON on your channel! ๐๐๐ฅฐ
…did you just say "you go girlfriend"?
Unsubscribed
Is Gary Gensler trying to fund the Ukraine war for Brain-dead-Joe Biden ๐ฎ๐ฎ๐ฎ
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of the market conditions๐
JURY?? This is a judges decision, no jury.
Hbar goes to moon , XRP keep dreaming
How many bottles of beer?
Really who gets the money???
All these crazy fines where is the money going?
Damn. Thats a heavy fine.
How does he think it will get paid.
Gary Zero Gensler ๐
The US gov is the biggest gang/mob/domestic terrorist group in the US
Now you know what trump is going through
Touched! … at least that's what my gf says i am๐
Sec is smart that should bring XRP even lower for the Wales I would love to see Gary and his brother crypto wallet sure it's about to get full of XRP
How about that 15 billion the SEC owes XRP holders?
that will take 2 more years
im late, i was seen a man about a dog๐
7.2 billion
selling tokens relying on Israel+Iran war…. why bother it ? just ignore it + stop and think do that way ?
It seems everyone is still relying too heavily on the charts now. Imho, when the ETF's stepped into Crypto it changed the game. The Bitcoin Baby has been born and will grow up fast. The Crypto Market now has a rubber stamp of approval. Wall Street is in the game now and It will become the store of value we have been talking about. The rules are already changing. We would have normally had a corrective retrace by now, yet Bitcoin has been steadily rising. The name of the game is getting out with profit, but when exactly to get out this Super Cycle is going to be a tricky one. It's not about guessing the market's next move; it's about playing it smart and steady…managed to grow a nest egg of around 3.4Bitcoin to a decent 18Bitcoin in the space of a few months… I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Once again, great info
The SEC uses the same room the Federal Reserve uses with the decapitated chicken on a painted floor, as seen in the SouthPark episode. Wherever, the chicken body lands, dictates the amount the SEC sues for. America is a joke. I am so happy I left the mainland. I think it's just plain "BUSTED AND BROKE AND ON THE BRINK"
In the end 200 million will be paid. ๐ฎ
Pumps and dumps ๐๐๐iykyk ๐
Wow
Thats some amount of green
The SEC and Gary G want to Drag this out as long as possible so stupid
Ripple should go back with with better offer than 10million
Maybe 10 Trillion and i bet SEC Gary would want 10 zillion them Mothers F are just Happy being Unhappy fact.. ๐
I'm new_ to crypto!. How can I make money from crypto investment as crypto is turning around massively.?โค
Meanwhile the stock market thieves only get fined 5million for committing worse crimes.
Exciting times ahead in the crypto world! The potential for a significant bull run in XRP, indicated by what's possibly the largest bull flag in crypto history, could mark a transformative period for investors. With the anticipated Bitcoin ETF approval on the horizon, we're looking at a scenario that might not only boost XRP but also bring substantial capital inflfows into the broader cryptocurrency market. This development could be a game-changer, enhancing market liquidity and opening new opportunities for savvy investors… Amidst this, the insights of a knowledgeable guide like Craig Reeder can be crucial. His expertise in navigating the nuances of cryptocurrency investments could be the key to understanding and making the most of these emerging financial trends.
Ramen noodles๐
I thought sec responds by mid May, and then judge Torres decides the fine for the institution sales, should be wrapped up by Julyโฆ..SEC then can decide to appeal and push it to the next court?
LOL and they Fine Citadel like 5million after what they did to AMC lmao
By the way – REAL analyists (not YOUTUBERS) say XRP could hit 3.00 too!!!! ummmm but in 2027 lmao (which is the actual TRUTH)
G.Gensler Real Smooth in 'After The Facts' !!!
And what does SEC do with $5.B in fees?
Ginger is an outstanding socialist and loved to stiffle free markets, and paid for the fake Russian dossier. This pig should be tried for treason and jailed for life, all assest of all immediate family sized and applied to national debt. Pension gone too. Period. This is so simple to fix
Thatโs considered an excessive fine.
that can go on for years again