cryptogov | Cryptocurrency

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Talk about your governments here.

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CryptoGOV

I have a poor memory. "I don't recall" or "I believe" ... can be helpful. But a judge can conclude, regardless, that U R not answering something that he/she believes you damn well know, such as the private keys to your crypto fortune and thus hold U in contempt or accuse U of obstruction.

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CryptoGOV

The big hope is that he can reach an amicable settlement with the SEC. However, with the current chairman, GG, that won't be realistic.

I can't wait to see RH's answer to get a sense of how he will defend these allegations.

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CryptoGOV

Kinda sucks all the people who get to decide what happens don’t know much about crypto

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CryptoGOV

RH would have renounced his citizenship and hates the place. No one can control Americans engaging with code

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CryptoGOV

That brings up a good point. Is RH still a U.S. citizen? If RH renounced his citizenship and made his company abroad the U.S. can't touch him.

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CryptoGOV

He can't ignore it without extremely bad repercussions.

I expect that he will have formally responded to the SEC complaint by August 21, three weeks after the complaint was filed or would have gotten an extension for more time.

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CryptoGOV

Sec is in America, RH is not in that jurisdiction. Produced unfounded lies about him. They don’t know what a security is. Doubt the have actually “served” him the notice

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CryptoGOV

It’s gonna be a long haul.. best case senario is a settlement. Hopefully it’s not 3+ years

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CryptoGOV

If you had an Australian civil authority send you a letter would you answer it, for example

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CryptoGOV

Ok, I just created a feature request for Koinly to support liquidity pools for PulseChain: https://feedback.koinly.io/feature-requests/p/liquidity-pools-on-pulsechain

Feel free to upvote it if no one else created a request for the same thing yet.

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CryptoGOV

But now the government can read too so they know about the resources

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CryptoGOV

The religious did invent writing tho to keep track of all the resources

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CryptoGOV

More community started to adopt governments as main control

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CryptoGOV

With religion came morality and rules to live by, which sounds like a legit foundation for how government should operate.

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CryptoGOV

Did you know religion was used as a way to organize resources for a community of people before governments were formed

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CryptoGOV

Yep. But the public and journalism community truly do frown on this when judges act this way.

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CryptoGOV

Based on what I know, it is 21 days from the later of when the complaint was filed or when he was served. Since he is outside the u.s., that 21 days may go to 60 days. I suppose he could also request an extension beyond that.

I feel it's important he be meticulous regarding his 'answer' and get an extension if it will help him perfect it. I also heard from pundits that it makes sense for him to try to delay this process, so he can possibly point to future legislation and judicial precedent and maybe get a more sympathetic SEC chairman that would be willing to amicably settle with him before his case goes to a judicial ruling.

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CryptoGOV

It’s like a Malaysian company sending me a letter, I wouldn’t even both responding to their lies.

On the other hand, for the sake of hex and pulsechain etc it would be better if he did

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CryptoGOV

Yes they can. If there are u.s. investors that have bought HEX, PLS, or PULSX, the SEC has jurisdiction to bring the suit, even if RH were not a u.s. citizen.

RH could choose to respond with the middle finger, but then he would be subject to a default judgment against him. Unless I'm missing something, RH is a u.s. citizen anyway. This renunciation claim, absent solid info, is just hyperbole. He can't just renunciate citizenship to absolve himself of this.

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CryptoGOV

RH is an American regardless where he physically is or his residence is. I'm sure RH has been legally served, even if he is not in the U.S. and I can't imagine RH is or would be trying to evade service anyway.

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CryptoGOV

Up to him however. Try and fight a corrupt US organisation or just ignore/tell the to F off

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CryptoGOV

If the SEC doesn't offer a palatable deal to RH, it will come down to a judicial decision. This is what happened in the Ripple case. The SEC sees this as a trophy case, hence they will not likely be meaningfully open to making a palatable deal with RH.

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CryptoGOV

If he doesn't officially respond to the SEC filed complaint, then he loses by default. I don't fathom him not responding.

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CryptoGOV

Anybody know when RH will officially answer the SEC lawsuit? It would be good to see the details in this response.

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CryptoGOV

And people dont write they type which only uses 12 parts of the brain

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CryptoGOV

Yes writing uses trillions of parts of the brain

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CryptoGOV

I think what I'm being called to take is personal responsibility ultimately I can give my life up to whoever I choose but when they hand it back to me I must take personal responsiblity and call upon my magic genie that is your brain

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CryptoGOV

Until the community that was organized by governments raided the religious community

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CryptoGOV

They took everything and distributed it to the people

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CryptoGOV

Fair enuf...lol. The comparison was the tax code is so complex, that one needs to put oneself in God's hands to get peace on the matter.

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