MAJOR Crypto Vote Against SEC Today!🚨SEC's vs Ripple Conclusion🔥

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  • Опубликовано: 14 июн 2024
  • The SEC has filed its final response in the complex ongoing litigation, and the case has reached a critical point. Republican Congressman Tom Emmer, who also serves as majority whip in the House of Republicans, has been lashing out at Securities and Exchange Commission Chair Gary Gensler for implementing Staff Accounting Bulletin (SAB) 121.
    00:00 intro
    00:07 Tom Emmer vs SEC
    02:19 Mike Johnson Support
    02:36 Gensler Robinhood FUD
    02:56 SAB-121
    03:15 SEC vs Ripple Stablecoin
    03:42 SEC Absurd Final Arguments
    04:49 $10mil is a Win!
    05:10 Brad Sherman Says SEC Winning
    06:46 Lawyers Say SEC Penalties are Lawless
    07:45 Anti-Crypto Clown Show
    10:09 Paul Reviews Clown Show
    11:01 outro
    #Crypto #Bitcoin #XRP
    ~MAJOR Crypto Vote Against SEC Today!🚨SEC's vs Ripple Conclusion🔥~
    ⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
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    ───────────────────────────

Комментарии • 232

  • @TdooBnz
    @TdooBnz 29 дней назад +32

    Crypto is the best thing that happened to me this year. Thank you Ray F Johnson for financial freedom, I used to take loans from the bank until I met Ray F Johnson.

    • @TdooBnz
      @TdooBnz 29 дней назад

      €11,000 weekly returns. I started two months ago and can now pay all my bills. God bless you Johnson

    • @WilliamsTremblay14
      @WilliamsTremblay14 29 дней назад

      I don't even care much about the bull or bear market anymore, because Ray F Johnson has my back since I win comfortably.

    • @alexisst-pierre1358
      @alexisst-pierre1358 29 дней назад

      Please I am new in this field how can I also make good profit from crypto trading

    • @alexisst-pierre1358
      @alexisst-pierre1358 29 дней назад

      How can I find Ray?

    • @TdooBnz
      @TdooBnz 29 дней назад +1

      RAY FX TRADE 79

  • @bryank5171
    @bryank5171 Месяц назад +59

    Maxine Waters needs to retire!

    • @jameskocks4734
      @jameskocks4734 Месяц назад +7

      she blew kisses to SBF. get her out!

    • @balboa32
      @balboa32 Месяц назад +1

      Bitcorn

    • @greezythumb
      @greezythumb Месяц назад +1

      Totally agree

    • @Hmmm313
      @Hmmm313 Месяц назад +2

      All old needs to go..

  • @szchrist420
    @szchrist420 Месяц назад +38

    Every loss that Genseler takes is future precedent for us… let him keep suing lol

    • @ICDeadPeeps
      @ICDeadPeeps Месяц назад +6

      Why does it feel like the only people who are winning from all of this are lawyers? They're getting paid no matter 😅

  • @ronalonzo3976
    @ronalonzo3976 Месяц назад +17

    Now thats a man who needs to be in Genslers position...
    Breath of fresh air listening to mike Johnson..

  • @michaelmurphy3546
    @michaelmurphy3546 Месяц назад +17

    Your right, it is a circus and we have heard it all before. Just a show and nothing gets done. Great report.

  • @4Asti
    @4Asti Месяц назад +47

    Ripping the Sec a new one.

    • @alexandercochrane9410
      @alexandercochrane9410 Месяц назад

      Doesn’t mean a thing unless things change for the better

    • @greezythumb
      @greezythumb Месяц назад +1

      Amen. Now we just need the legislation to back up those words

    • @4Asti
      @4Asti Месяц назад +2

      @@greezythumb yeah that part. Always a tongue lashing never an action.

  • @oldmancrypto6190
    @oldmancrypto6190 Месяц назад +17

    We have lots of talk and no Action can we close at least the longest case in Crypto which is Ripple XRP!

  • @etherblitz4796
    @etherblitz4796 Месяц назад +57

    They are so uneducated about crypto it’s a embarrassment. I can’t believe these people hold high positions. Very sad for the USA.

    • @MrRonedison
      @MrRonedison Месяц назад +6

      Pretty sure they know, they're just happened to be a bunch of sociopaths.

    • @rjmacquisitions3349
      @rjmacquisitions3349 Месяц назад +2

      Remember.. " Not What You Know, It's Who You Know! "

    • @bobbybanks77
      @bobbybanks77 Месяц назад +4

      It is all a show

    • @PowerboatTraining
      @PowerboatTraining Месяц назад +3

      They are not uneducated. They are serving their masters

    • @greezythumb
      @greezythumb Месяц назад +2

      Naw they are. They are true believers in fractional reserve banking and tax system. The thought of Americans not putting their money in bank saving accts terrifies them. But they don't have an issue with Americans going to Vegas and blowing their mortgage money.

  • @TomiBear5
    @TomiBear5 Месяц назад +16

    Sherman pisses me off more than Gary. Everytime he talks he's making things up. Every time.

    • @greezythumb
      @greezythumb Месяц назад +5

      Every time I see him I think of the scene from Step Brothers where the guy says "I just hate your face"

    • @TomiBear5
      @TomiBear5 Месяц назад

      @@greezythumb 😂

  • @xistcrypto
    @xistcrypto Месяц назад +12

    Our elected officials are so out of touch. We really should implement some sort of voting protocol on the blockchain.

  • @danielberthiaume1917
    @danielberthiaume1917 Месяц назад +14

    The USA SEC
    looks like banana republic system

    • @phungyi4947
      @phungyi4947 Месяц назад +2

      You're not mistaken. It is.

  • @danielberthiaume1917
    @danielberthiaume1917 Месяц назад +13

    Gensler corropted to the bone

  • @bextman
    @bextman Месяц назад +4

    These are vultures. I weep for America

  • @OfficialFA
    @OfficialFA Месяц назад +7

    We all know these politicians can't really be this stupid, or are they?🤔

    • @Kingpin19922
      @Kingpin19922 Месяц назад +1

      Pretending to be stupid. Simply beCoz they don't want more people to get rich.

  • @BillGraper
    @BillGraper 24 дня назад

    I'd like to vote to abolish the SEC.

  • @justinbeckwith7071
    @justinbeckwith7071 Месяц назад +5

    Great video thanks for summarizing the important developments

  • @kimonzapantis6753
    @kimonzapantis6753 Месяц назад +6

    Corruption is out in the open in the US , it’s the norm seem like !!!

  • @ApolloDee1111
    @ApolloDee1111 Месяц назад +1

    Meanwhile keep in mind this is just in America. The rest of the world is beginning to beat us in the race. Hong Kong recently launched their etf’s. With the SEC causing all this fuss, it’s only about to leave them in the dust anyway. Why not work together for the enviable present.

  • @r2153
    @r2153 Месяц назад +5

    Waters is nearly 100 years old and Sherman looks it.

  • @A.I.C.U.8.1.2
    @A.I.C.U.8.1.2 Месяц назад +8

    GARGAMEL GENSLER GOTSTA GO!

    • @ICDeadPeeps
      @ICDeadPeeps Месяц назад

      Even Gargamel wasn't that bad lol

    • @Sol_Bull
      @Sol_Bull Месяц назад

      🤦‍♂️ really…

  • @baristermbolor4867
    @baristermbolor4867 Месяц назад +3

    Don’t understand how these septuagenarians & octogenarians are being even allowed to discuss & make decisions about systems & techs that they will more than likely not be around to use. How can you mitigate such a huge bias when they are in charge?

  • @anomaly72443
    @anomaly72443 Месяц назад +4

    The “Garden of Snakes” is Congress!! which extends into Wall Street…

  • @rocassc27
    @rocassc27 Месяц назад +5

    Yes pls fix this only USA is way behind. Bad Business

  • @pogi8638
    @pogi8638 Месяц назад +3

    Who here agrees we need younger politicians. I'm sorry but these older politicians are stuck in their old ways and is not doing any of us any good.

  • @ampovpodcast1624
    @ampovpodcast1624 Месяц назад +3

    It just feels like the security exchange commission is upset we are in this space before the big institutions

    • @kathrynj.hernandez8425
      @kathrynj.hernandez8425 Месяц назад

      It happened in the 90s when Big Tech entered the social space. But this is more lethal. They are afraid of transparency and their crimes being exposed...especially Maxine Waters!

  • @ALT-JAY
    @ALT-JAY Месяц назад +1

    These political relics need to be put on a shelf.

  • @kelvinlee6130
    @kelvinlee6130 Месяц назад

    Lets go Americans crypto need your vote.

  • @SnoopFroggNFT
    @SnoopFroggNFT Месяц назад +1

    Great video - thanks Paul !!

  • @bisayangdakodeay
    @bisayangdakodeay Месяц назад

    it sounds like, the SEC is the wild wild west.

  • @davecurtis8900
    @davecurtis8900 Месяц назад +5

    “Crypto is a garden of snakes.” - wow. That’s someone who’s so far removed from reality, I’m amazed he can even function in the real world.

    • @MattPayne1
      @MattPayne1 Месяц назад

      Shermenator..

    • @nickypipes3004
      @nickypipes3004 Месяц назад +2

      He meant to say Congress

    • @phungyi4947
      @phungyi4947 Месяц назад

      I like his honesty. He speaks for most of them,

  • @harbingerx1412
    @harbingerx1412 Месяц назад +3

    Tom Emmer is all talk

  • @josierobinson7344
    @josierobinson7344 Месяц назад +1

    thank you Tom Emmer!

  • @mothergoose4231
    @mothergoose4231 Месяц назад +3

    All those worried about Crypto saying it promotes trafficking and terrorist are probably doing those things. Money supports those same things.

  • @user-dw1nm1oe4f
    @user-dw1nm1oe4f Месяц назад

    Excellent 👌 thank you!

  • @user-su8kj9fm2d
    @user-su8kj9fm2d Месяц назад

    They all need to retire!

  • @David-xd5qs
    @David-xd5qs Месяц назад +3

    DEMOCRATS NEED TO JOIN VOCALLY.
    Don't let this become a one-party issue.
    Crypto is for the future of all of us 💯

    • @mikenn1734
      @mikenn1734 Месяц назад

      There is no question that it sure is a one party issue for the most part almost 100% Democrats have caused major major disasters in our economy and our freedoms flooding our country with 50 million illegal aliens it goes on and on

  • @user-ri2xc7gt6u
    @user-ri2xc7gt6u Месяц назад +1

    just grandstanding !! do something like pass legislation

  • @oldmancrypto6190
    @oldmancrypto6190 Месяц назад +4

    Can we take a look at each one of these bad actors to see if they hold any Digital Assets in their portfolios directly or indirectly?

    • @courtneysmart4283
      @courtneysmart4283 Месяц назад +2

      A great question I've always wanted to know. This will tell you a lot.

  • @wontgetfooledagain8178
    @wontgetfooledagain8178 Месяц назад

    “What does “going the way of the buggy whip” imply?”
    “The phrase "going the way of the buggy whip" is used to describe something becoming obsolete or outdated due to technological advancements or changing trends. It refers to the decline of an industry or product that was once essential but has been replaced by newer, more efficient alternatives. For example, the phrase might be used to talk about a traditional business model or a technology that is no longer relevant in modern times.”

  • @joangraham998
    @joangraham998 Месяц назад

    Vote the oldies OUT

  • @peterkennedy4745
    @peterkennedy4745 Месяц назад

    Oooooooook she is on the way out

  • @abyssmol
    @abyssmol Месяц назад +2

    Finally, Blackrock is putting money to work

    • @kathrynj.hernandez8425
      @kathrynj.hernandez8425 Месяц назад +1

      BlackRock

    • @abyssmol
      @abyssmol Месяц назад

      @kathrynj.hernandez8425 Hey, you forgot to mention the missing period at the end of the sentence, too.

  • @atato1331
    @atato1331 Месяц назад

    am voting for that man...

  • @peterkennedy4745
    @peterkennedy4745 Месяц назад

    We have known this for a long time but he still has the position of Chairman. We hear all the tough talk the same as shutting down the government and closing the border and lowering prescription drug prices and getting medical cost down and on and on. The one common denominator is talk is cheap. Talking tough on camera makes them feel like big boys and girls but leads to nothing.

  • @AbsoluteDegens
    @AbsoluteDegens Месяц назад +1

    How is paying a fine for doing nothing wrong a win?

  • @CALLECRYPTO-iw4zn
    @CALLECRYPTO-iw4zn Месяц назад

    I've heard him say positive things before exactly like now ,BUT he's never executed ,has done nothing !!!

  • @air-ren
    @air-ren Месяц назад

    what's the best way to support PBN3 Paul? this coverage deserves compensation

  • @martingutierrez7093
    @martingutierrez7093 Месяц назад

    Defund the sec

  • @floaretudorache9287
    @floaretudorache9287 Месяц назад

    The SEC looks like creep
    He should work somewhere in the back room of a post office

  • @matthewmaguire3554
    @matthewmaguire3554 Месяц назад +2

    A comedy with tragic relief.

  • @King-xs5nq
    @King-xs5nq Месяц назад

    How about putting those guys from robinhood and citadal in jail for market manipulation. Or the guys from jp morgan in jail for doing illegal stuff. We know who runs the government, definitely not Congress.

  • @otherZinc
    @otherZinc Месяц назад

    WOW!

  • @Mybrothafromanothamotha
    @Mybrothafromanothamotha Месяц назад

    Nice intro

  • @jermainehanspard7086
    @jermainehanspard7086 Месяц назад

    Yeaaaaaaaa about time

  • @christianlula
    @christianlula Месяц назад

    Down with the SEC.

  • @johnnyvolvox2932
    @johnnyvolvox2932 Месяц назад

    9:33 he literally described the US government. What a joke

  • @sandraleewashburn8494
    @sandraleewashburn8494 Месяц назад

    VOTE RFK!!!!!!

  • @lenr7068
    @lenr7068 Месяц назад +1

    Loser Johnson should leave the room. He is part of the opposition.

  • @stillman9761
    @stillman9761 Месяц назад

    Emmer is all talk. Nothing will come of it.

  • @Bradsworld2
    @Bradsworld2 Месяц назад

    Finally!

  • @kbs7340
    @kbs7340 Месяц назад

    Yup. Trigger warning 🤬🤬🤬

  • @sergsanchez12
    @sergsanchez12 Месяц назад

    Yeah, but they’re all talking points. Nothing ever gets done.

  • @EuropaWill
    @EuropaWill Месяц назад

    Sherman...Trigger alert... 😂

  • @keenlawhorn7396
    @keenlawhorn7396 Месяц назад

    BIG TRIGGER WARNING ⚠️

  • @joshuagrubb5080
    @joshuagrubb5080 Месяц назад

    Oooh Sherman Sherman Sherman...🙄

  • @bisayangdakodeay
    @bisayangdakodeay Месяц назад

    For US, stop
    the hostility! If yes, then yes! If no, let the crypto go somewhere else. SEC is slowing and making problems, instead of having fud and issues

  • @Hulkscastingcouch
    @Hulkscastingcouch Месяц назад

    My thought is they settle for a billion. They didn’t argue two of the fines. They said the civil fine should be no more than $10mill

  • @dgurkaynak3048
    @dgurkaynak3048 Месяц назад +1

    waters is an antique clown

  • @jeffross1657
    @jeffross1657 Месяц назад

    When you say you think it is a win for ripple and for crypto. I concur but were you saying you think there will be a settlement?

  • @michaelmcnair6126
    @michaelmcnair6126 Месяц назад +1

    Do something please !

  • @cryptovu
    @cryptovu Месяц назад

    Sherman, snakes 🐍 knows snakes.

  • @morning7star
    @morning7star Месяц назад

    They make any rule they want, got to keep complete control over you. Panicking as they new to create a new currency system.

  • @Wheelo40
    @Wheelo40 Месяц назад

    Fiat is never used for crime. On this we can all agree.

  • @firewoodtime2
    @firewoodtime2 Месяц назад

    Too bad the sec wouldn't get fired like we would for being dishonest.

  • @dwhitak279mario4
    @dwhitak279mario4 Месяц назад

    Gensler saying crypro is full of fraudsters is akin to saying one race/group is full of criminals. It's that prejudiced.

  • @leroyessel2010
    @leroyessel2010 Месяц назад

    SEC, Maxine Waters, Brad Sherman and Biden represent Best Government money can buy.

  • @qmp666
    @qmp666 Месяц назад

    Perforated

  • @itsmePassportBro
    @itsmePassportBro Месяц назад

    Get rid of Gary.

  • @3Realist3
    @3Realist3 Месяц назад

    Alright crypto holders, class action. They’re trying to f*** our assets & they have no clue that their negative spin is invalid.

  • @kathrynj.hernandez8425
    @kathrynj.hernandez8425 Месяц назад

    The absurdity and ignorance can be seen if you listen to their words and replace the word "crypto" with "the internet." We saw these same fears in the 90s.

  • @rsanxav
    @rsanxav Месяц назад

    Govt Corruption corruption

  • @SSGJohn
    @SSGJohn Месяц назад

    November vote them out

  • @ihsany8146
    @ihsany8146 Месяц назад

    Omg go play with your great grandkids already

  • @mikenn1734
    @mikenn1734 Месяц назад

    Americans want freedom to invest their money in whatever they choose they shouldn't fear dictators and communism

  • @A.I.C.U.8.1.2
    @A.I.C.U.8.1.2 Месяц назад

    TOM EMMER IS A SAINT…May GOD himself Allow His Voice to be not only Heard but Heeded WITH FULL FORCE!
    LETS TAKE OUR NATION BACK AND FLOURISH LIKE OUR FOREFATHERS INTENDED!
    IMA BLAST THAT SPEACH ALL OVER THE INTERNET!

  • @saintgenovese2820
    @saintgenovese2820 Месяц назад

    Caw!!!!🐦‍⬛🗡️

  • @ksprattspratt4153
    @ksprattspratt4153 Месяц назад

    All with pushed back hairlines should retire

  • @leroyessel2010
    @leroyessel2010 Месяц назад

    Abolish SEC and vote for 53 year old Libertarian Party

  • @ramonalee2368
    @ramonalee2368 Месяц назад

    Pure money grab. If theyve done nothing wrong, there shouldn't be a penalty and there wont be future violations. SEC should be fined.

  • @xistcrypto
    @xistcrypto Месяц назад +3

    Its insane they're asking for MORE jail time for CZ...

    • @greezythumb
      @greezythumb Месяц назад +1

      Yea for real. The guy did everything that was asked of him. Didn't try to fight anything. He didn't hide. Didn't have to show up. Not to mention that crap was overreach anyway as Binance did very little in the US compared to the rest of the world. I think the judge did just right.

  • @chrisfpv5706
    @chrisfpv5706 Месяц назад +1

    i love how they say crypto is used for iligal things ,, like they dont do that with the fake fiat money , or gold/silver or diamonds, lmao

  • @mrright1068
    @mrright1068 Месяц назад

    Sherman would have us driving buggies and using oil lamps. He wants to kill all innovation he sickens me.

  • @FriskRobotnik
    @FriskRobotnik Месяц назад

    Are you kidding me??! The quote from the chamber of digital commerce, and what they are praising… Absolutely has to be upheld - that the banks that will offer digital currency will hold that on a one-to-one value balance… seriously what in the hell are you guys missing out of this? Do you want this to become the scapegoat for the financial fucking crisis?!
    How are you missing this, Paul? Who wants to be the next FTX?

  • @ivanbelarus1540
    @ivanbelarus1540 Месяц назад

    ❤❤❤❤

  • @valeratkanta9682
    @valeratkanta9682 Месяц назад

    ❤❤❤❤❤❤

  • @user-bj1rf3rp1n
    @user-bj1rf3rp1n Месяц назад

    all that has been finance by fiat

  • @alsales6458
    @alsales6458 Месяц назад +2

    Don't just bark @ gimplers bite him bla bla smh

  • @qmp666
    @qmp666 Месяц назад

    Perforating a new one

  • @joelegault7351
    @joelegault7351 Месяц назад

    And price still going down 😂😂😂

  • @Bluddsport77
    @Bluddsport77 Месяц назад +2

    The "wrong" win all the time though..