US SEC vs Ripple Labs, LLC (Update)
What Will The "Ripple Effect" Be When All Is Said And Done?
The Fruited Plain is committed to providing timely stories that keep its subscriber base informed. An informed citizenry is especially vital to a republic that is built on freedom and free speech. When mass censorship enters into a republic such as ours, an informed citizenry becomes even more vital. Hence, Substack.
The only path to “real” information in this day and age is through alternative media sources like X, Telegram, Substack, and some foreign media outlets. While the US MSM chooses to protect its fort rather than perform its duty of informing US citizens, all of us are becoming less and less informed by the day. Eventually, the path that the American people are on could potentially lead to chaos or civil unrest.
With that said, our team at The Fruited Plain recognizes that our subscriber base seems to be quite uninterested in the SEC vs Ripple story. Plainly stated, our subscriber base seems to be “turned off” on this topic.
We are not sure why exactly, but it is probably simply because there are other bigger “fish to fry.” The world is chocked full of “major” news stories every day and “breaking” news stories every hour. Even our team has made the mistake of turning a deaf ear to the SEC vs Ripple case. This case seems to drag on and on with very little news to report so it is easy to fall into the trap of yawning and paying little or no attention to this topic.
Despite the majority of our current subscriber base being completely uninterested in this topic, we have decided to continue to report on it. But why? Our team is NOT in the writing business to achieve the highest number of likes or shares on a “popular” post. We entered the arena of Substack to inform US citizens who are surrounded on every side by censorship. We entered the arena to shine light on stories that are going by the wayside. We entered the arena to report on news that is not being reported on by the US MSM.
Before we provide the update on this case, it is good to note a few important details. Firstly, US courts have ruled that Ripple XRP is NOT a security. If these court rulings hold true, then the SEC has no real say over XRP.
And if Ripple XRP is already being used by BRICS nations, when exactly does it “take over” the financial markets globally?
So why is the SEC vs Ripple case so important? Plainly stated, Ripple XRP is a bridge currency that establishes national sovereignty FOR EACH AND EVERY NATION. Our subscriber base would be wise to reread this post from earlier to fully understand the significance of XRP serving as a bridge currency.
No one currency will ever “rule the world,” so to speak, if XRP moves forward globally. This fact is incredibly important when understanding warfare or world peace. Under the egregiously overreaching plan of the NWO seeking world control, all national sovereignty MUST BE removed. One World Government requires that national governments are powerless or non-existent. Ripple XRP flies directly in the face of NWO’s plan for world control as it is a bridge currency that secures national sovereignty for ALL NATIONS.
In short, this story of the SEC vs Ripple could be one of the biggest stories in our nation’s history, and possibly world history.
To refresh on the details of the case, the SEC decided to sue Ripple (after 3 voted “for” the lawsuit and 2 voted against it) in December 2020. The lawsuit claimed that all XRP sales since 2013 should be deemed investment contracts with Ripple. Per other financial analysts, the SEC would typically seek to collect a small percentage (under 15%) of unregistered sales. However, the SEC is demanding way more of Ripple XRP or 300%. Why is the SEC demand of Ripple XRP so extremely different from past demands? Why MUST the SEC stop Ripple?
The SEC is currently involved in several other lawsuits involving cryptocurrency. Our team has not researched any of the other cases, but it would appear that the SEC is currently embroiled in at least 10 cases. Per Ripple’s Chief Legal Officer Stuart Alderoty, the SEC is currently litigating 8 major cryptocurrency cases.
So here’s the update. The SEC vs Ripple case entered into closed door settlement proceedings on or around 3/29/24.
In addition, the SEC has scheduled a closed meeting on Thursday, 4/11/24.
Yes, this incredibly slow and arduous court case will likely reach its climax with sealed settlement “negotiations” and “closed door” meetings. “We The People” may not be allowed to see the outcome of this historic case…at least not this week.
So ask yourself a simple question? Why? Why would it be best for “We The People” to be left in the dark on this? What is it that the public can’t see? This case has been quite transparent for several months. Why hide the final chapter of the book? Would the news pose a threat to national security? Is it possible that the SEC could potentially go away entirely if XRP and the tokenization of assets moves forward globally?
Stay tuned, friends! This court case has enormously wide financial implications and could spark a change globally unlike anything we have ever seen before.
Please…please…please….do not let the US MSM media’s silence deter you from paying close attention to this historic court case. How can we be so sure? Dates matter. This court case was brought forth in December 2020, when Trump was allegedly leaving office as President and Biden was scheduled to be inaugurated as President in January 2021. This case has remained active for 4 years as if timing for the resolution of the case is critical.
In war, timing is everything!
Want to dig a little deeper into the SEC vs Ripple case or the global expansion of BRICS? Check out these links.
