Ripple was a giant ponsi scheme. And they sold this imaginary money to retail investors against legal advice. That's how brazen they were. Then they used that money to incentivis might be a word. Some people might use the word, some people may use the word bribe pay off. It makes no sense, i know, but i do it sometimes cause i want to see them keep making the backgammon game. Er, well, we're buying those tokens to play a vidio game. Of course they wern't....
Jason's Twitter thread on the SEC suing Ripple: https://twitter.com/Jason/status/1341503149245272064
SEC Complaint: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
FOLLOW Jason: https://linktr.ee/calacanis