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welcome to the rich Club Channel please watch the video to the end and if you like it support the Channel with a like And subscribe xrp cryptocurrency and also find out if Buffett invested in xrp xrp token will cost in a month to the one who guesses we will transfer 12 $121 you also need to like it subscribe the US Securities and Exchange Commission says the use of requests to foreign Regulators is particularly important in the SEC versus Ripple lawsuit as it has not been able to obtain much information on xrp from Ripple according to a new legal filing earlier this month Ripple demanded that the sto asking foreign Regulators for information on Ripple and xrp but the SEC is now arguing that Ripple's request was devoid of any legal Authority and that its Discovery requests to foreign Regulators were proper according to a new letter submitted by SEC attorney Jorge Terrero to us Magistrate Judge sarin urn the SEC contends that there is legal precedent for it to use requests for assistance during civil litigation because they are requests not subpoena as enforcable by federal courts and therefore not prohibited by the federal rules of civil procedure Tero added that the SEC had already agreed to provide the defendants foral ABS its CEO Brad garlinghouse and executive chairman Chris Larsson with documents obtained from third parties and a list of categories of documents the SEC had requested from the foreign authorities fairness requires no more and an opinion curtailing the use of requests or requiring the disclosure of communications with foreign Regulators could have brought adverse implications for the SEC cross a wide array of governmental actions where the agency pursues crossb cooperation to protect the United States capital markets and its investors Tero wrote he added that the defendants have access to all of the documents obtained by the SEC in a full opportunity to challenge their admissibility in court there's no reason to prevent the development of a full factual record defendants requests should be denied we know how Buffett spoke unflatteringly about cryptocurrency in Bitcoin for example Bitcoin is an illusion that attracts charlatans or cryptocurrencies do not have any fundamental value do not produce anything do not provide services in terms of value it is zero all that cryptocurrencies give is the hope that in the future someone will pay more for them than you it was a long time ago and the market has changed at this point given the great potential of cryptocurrencies and especially xrp would Buffet invest in it there are many indirect not direct facts confirming this for example a transfer to a wallet that most likely belongs to Buffett's assistant this is not a new topic for discussion and in more narrow circles it is already considered obvious people like Bill Gates or Jeff Bezos have long been aware of Buffett's intentions about xrp what do you think about it would Buffett invest in it especially so in the Qui against their statements very suspicious xrp went on an epic bullish from last week as the coin surged almost 100% as it pushed above $1 to reach the 2021 high at $11.98 since then xrp has dropped by a total of 35% to reach the current price during the Bitcoin crash on Sunday xrp dropped as low as $12 where it found support at the 20day M from there it rebounded to close the week at $140 over the past couple of days xrp continued to dip again as it dropped beneath the support at $129 today to reach as low as $1.15 the buyers have since regrouped to bring xrp to the current price but the bearish momentum is still in place for the short term the RSI di beneath the midline on Sunday indicating that the Bears are controlling the market momentum since then it is continue to fall as the bearish momentum starts to increase the distributed Randomness generation algorithm is responsible for this the splitting of the network into fragments occurs according to a random algorithm it is impossible to predict it in advance how much will X RP cost at the end of 2021 write your opinion in the comments and do not forget about the likes
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