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When the backlog of potential enforcement actions is 1000x longer than what the agency can handle, enforcement, by definition, is discriminatory. Everybody *could be* in violation of something so the power is in controlling the sort order of the backlog. Who controls the sort?
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I couldn't figure out how the "Twitter-sleuth" evidence of discriminatory SEC behavior could fit into the Ripple case. So, I re-read the Fox case and found this article on it and... THERE IT WAS. In a sense, "discriminatory enforcement" IS evidence of lack of Fair Notice.
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This is a very fair point - they CAN'T sue everyone. And it's why the evidence of an Ethereum "free pass" is important. The discrimination was in the SEC declaring Ether was not a security.
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Jeremy re the SEC, the likes of Mary Jo White as Chairperson between 2013-2017 saying XRP is not a security, then Clayton & Gensler the opposite since. How can a court allow them to have an opposing approach from the same government regulator (how is this procedurally fair?)
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And it’s even worse because it feels like heeding their “come and talk to us” guidance just pushes you to the top of the list…
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Hi Reginaldo, We'd love to look into this! Please contact our 24/7 Live Chat team. They will be able to assist you in your language. 🙂 All the best, Kraken 🐙
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No need to be coy, it's obvious who sorts the list.
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Some trolling for this beautiful Saturday morning is in order: 1. @a16z is a Silicon Valley Web 2 supporter of platforms building Web 3 applications on top of public permissionless networks. 2. Case in point, @opensea was funded in lead Series A (it's VCs all the way down)
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