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Dave Ripley Profile
Dave Ripley

@DavidLRipley

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CEO @KrakenFX #crypto #Bitcoin views are my own, not my employer’s

San Francisco, CA
Joined June 2013
Don't wanna be here? Send us removal request.
@DavidLRipley
Dave Ripley
11 months
We strongly disagree with the SEC claims, stand firm in our view that we do not list securities, and plan to vigorously defend our position. As we have seen before, the SEC argues that @krakenfx should “come in and register” with the agency, when there is no clear path to
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@DavidLRipley
Dave Ripley
8 months
(1/10) Today, Kraken tells the real story of the SEC’s suit.
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@DavidLRipley
Dave Ripley
2 months
1/ @krakenfx has successfully distributed #Bitcoin and Bitcoin Cash from the @mtgox estate back to creditors. It’s been nearly a decade since Kraken was selected by the Trustee to facilitate the investigation and return of client funds. It was our privilege and it was our duty.
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@DavidLRipley
Dave Ripley
8 months
(10/10) The U.S. risks losing its standing as a world leader in innovation if it continues allowing its regulatory agencies to assert statutory authority without explicit permission from Congress. Read more:
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@DavidLRipley
Dave Ripley
8 months
(5/10) Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free to earnestly advocate for better law and more efficient markets.
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@DavidLRipley
Dave Ripley
8 months
(6/10) Today, Kraken is moving to dismiss the complaint. It was timed to intimidate those who would question the SEC’s jurisdiction, and it fails to allege any securities were traded on Kraken, illegally or otherwise.
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@DavidLRipley
Dave Ripley
8 months
(3/10) Kraken testified that this strategy from the SEC would not protect consumers, that Congress should create new rules for crypto, and, critically, that Congress should limit the SEC’s jurisdiction in favor of other agencies.
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@DavidLRipley
Dave Ripley
8 months
(8/10) The court should not endorse this theory because it has no limiting principle. It would give the SEC boundless authority over commerce - from collectibles, such as sports memorabilia, trading cards, expensive watches, to commodities like diamonds.
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@DavidLRipley
Dave Ripley
8 months
(4/10) The next day, the SEC called Kraken to say it was going to sue.
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@DavidLRipley
Dave Ripley
8 months
(2/10) On May 10, before both the House Financial Services Committee and the House Agriculture Committee, Kraken testified about the SEC’s overreach in crypto and its flawed regulation-by-enforcement approach to policy making.
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@DavidLRipley
Dave Ripley
8 months
(7/10) Instead of identifying securities, the complaint asks the court to endorse a theory that there can be an investment contract without any contract, without any post-sale obligations or even any interaction at all between the issuer and the purchaser.
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@DavidLRipley
Dave Ripley
8 months
(9/10) U.S. crypto exchanges should not have to operate amid an onslaught of regulatory enforcement actions, while jurisdictions around the world continue advancing constructive regulatory rulemaking.
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@DavidLRipley
Dave Ripley
1 year
BOOM. Kraken is one of the Top 100 places to work in America 👏 The best and brightest in finance and tech are coming to crypto. Work on the future, not the past:
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@DavidLRipley
Dave Ripley
6 months
The SEC now attacking @Uniswap , just weeks after a judge dismissed the SEC for litigating against an onchain non-custodial wallet. This targeting of an onchain network will see a similar fate. “a gross abuse of power” > not my words, but those of a judge describing the SEC’s
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@DavidLRipley
Dave Ripley
2 months
will give some credit to this line from @RoKhanna "Being against #Bitcoin is like being against cell phones or the laptop, or semi conductors, it's technology."
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@DavidLRipley
Dave Ripley
11 months
🇬🇧 Nice tube takeover by @KrakenFX in the UK today Crypto is too important to be ignored
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@DavidLRipley
Dave Ripley
1 year
Today marks the 12th anniversary since @krakenfx launch 🎉 Grateful to be working with so many smart and passionate people who want to create a better, fairer financial system. Our mission is as important as ever 👊
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@DavidLRipley
Dave Ripley
5 months
Another day, another big event for crypto Hong Kong’s #Bitcoin and #Ethereum ETFs are now live, with all 6 using reference rates from @CFBenchmarks , a @krakenfx company $40 billion worth of assets now referenced to @CFBenchmarks indices we’re just getting started
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@DavidLRipley
Dave Ripley
9 months
The first Bitcoin ETF application was submitted in 2013 when the price of Bitcoin was sub $100. After a snappy 10 years of bureaucracy and 500x, the approvals are upon us. We've seen massive innovation and infrastructure development in crypto over that time period (i.e. what
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@DavidLRipley
Dave Ripley
1 year
T-minus 1 month until we display user NFTs on the Kraken Formula 1 car for the 1st time Excited for millions to be watching history 🏁
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@DavidLRipley
Dave Ripley
2 months
Today marks 13 years since the launch of Kraken. A lot of people ask how we've endured when so many crypto companies have failed. the answer: dedication to the mission. Kraken is home to true believers. Grateful to be working with pioneers changing
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@DavidLRipley
Dave Ripley
5 months
Another SEC flip flop sees the light of day. Great to see Chairman McHenry and the committee's efforts to hold the agency accountable. The crypto industry wants fair rules instead of malicious enforcement from a rogue regulator that hides from congressional oversight. The US
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@DavidLRipley
Dave Ripley
5 months
#FIT21 passed! exceeding even the more optimistic expectations for number of votes. thank you to so many across the industry that contributed to this outcome.
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@DavidLRipley
Dave Ripley
9 months
Congrats to @CFBenchmarks (a @krakenfx company) on the #ETF approvals! CFB provides the index for several spot #bitcoin ETFs. $IBIT - @iShares ( @BlackRock ) $EZBC - @FTI_US $BITB - @BitwiseInvest $BTCW - @WisdomTreeFunds $BRRR - @ValkyrieFunds $ARKB - @ARKInvest / @21Shares
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@DavidLRipley
Dave Ripley
1 year
My first #F1 race 💜 Congrats to these crypto teams and communities featured on the rear wing of the @WilliamsRacing cars The world was watching, and it saw that NFTs are here to stay 🚀
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@DavidLRipley
Dave Ripley
2 months
3/ In a few days, Kraken will celebrate our 13th anniversary. These events remind us of our mission, our great responsibility to our clients, and pioneers, like @jespow , who have been instrumental in shaping the industry for what it is today.
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@DavidLRipley
Dave Ripley
2 months
2/ While frivolous lawsuits got in the way of earlier payments, we are extremely grateful to the Trustee for keeping the coins safe and #HODLing the vast majority of #BTC all this time. The preservation of value is exemplary and is surely appreciated by all creditors.
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@DavidLRipley
Dave Ripley
11 months
Today marks the 15th anniversary of the #Bitcoin white paper and the spark that lit the crypto revolution Truly one of the most important documents in history, and proud @krakenfx is working to unlock its benefits for billions Thank you Satoshi 🙏
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@DavidLRipley
Dave Ripley
1 year
Great to see the mainstream recognizing that savvy US states are doubling down on crypto. 👏 I'm proud of the work @krakenfx continues to do in Wyoming. It will serve as the standard for years to come. Innovation will not be stopped.
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@DavidLRipley
Dave Ripley
1 year
Another big milestone for the Kraken team! Approved EMI by Central Bank of Ireland 🇮🇪 Approved VASP by Bank of Spain 🇪🇸 Proud of the many Krakenites who made this happen.
@krakenfx
Kraken Exchange
1 year
Great news! The Central Bank of Ireland has granted Kraken an EU e-money license. We have also secured a VASP registration with the Bank of Spain. 🇪🇺 This highlights our ongoing commitment to growing our European business. Learn more 👇
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@DavidLRipley
Dave Ripley
2 months
Congratulations to the @Ripple team for surviving 4 years of regulation by enforcement and overreach.
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@DavidLRipley
Dave Ripley
2 years
@jespow @krakenfx @jespow honored to carry on the Kraken mission as CEO. Looking forward to achieving complete global crypto adoption in this next chapter.
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@DavidLRipley
Dave Ripley
1 year
“Chase stops transfers associated with purchasing Bitcoin.” Someone seems to have an issue with better, faster, more secure payment rails. Start the clock now. This will be reversed at some point in the future or it will mark the start of Chase’s looong fall into irrelevance.
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@DavidLRipley
Dave Ripley
2 months
4/We remain committed to our careful approach as we shepherd humanity toward a more financially free, secure and inclusive world.
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@DavidLRipley
Dave Ripley
2 months
5/ Huge thanks to our clients and community for placing your trust in Kraken. Major thanks to the Trustee for pulling this off. As always, #NYKNYC . 🫡
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@DavidLRipley
Dave Ripley
1 year
truth from the @FT ?! crypto is just plain better 💜
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@DavidLRipley
Dave Ripley
1 month
Another step toward victory for Kraken and crypto > the Court found the SEC’s self-serving invention of the “crypto asset security” concept to be “unclear at best and confusing at worst.”
@msantoriESQ
Marco Santori
1 month
Today, the Federal Court for the Northern District of California ruled, as matter of law, that none of the tokens trading on Kraken are securities. This is a significant win for Kraken, for the principle of clarity and for crypto users everywhere. It also confirms Kraken’s
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@DavidLRipley
Dave Ripley
5 months
Great day for the US. SAB 121 does nothing to protect individuals. good ol' checks and balances surfacing to impede those with authoritarian ambitions.
@BlockchainAssn
Blockchain Association
5 months
1/ Today, the Senate voted, in overwhelmingly bipartisan fashion, to #repealSAB121 , an anti-innovation accounting bulletin which was improperly issued by the SEC in 2022.
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@DavidLRipley
Dave Ripley
1 year
🚨 BIG news from Canada Interac transfers now available across @krakenfx mobile and web platforms (used by 90% of all Canadians) To celebrate, we're slashing CAD fees and adding new crypto pairs We committed to Canada, now we're following through
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@DavidLRipley
Dave Ripley
1 year
Here come the NFT obituaries 🤦 The Bitcoin obituary list started its illustrious run way back in 2010, a bit before I even learned about Bitcoin. Plenty more NFT adoption to come, right alongside many more obituaries. Always bet on the builders! ✊
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@DavidLRipley
Dave Ripley
1 year
crypto surges in India 🇮🇳. a truly global innovation. here we go!
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@DavidLRipley
Dave Ripley
24 days
1/2 A key economic issue was missed in tonight’s US presidential debate: crypto. A record amount of attention has been focused on the issue already this election year, and it will not quiet down.
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@DavidLRipley
Dave Ripley
1 year
Our mission from Day 1 has been to accelerate the global adoption of crypto. It's time to see what crypto can be 🚀
@krakenfx
Kraken Exchange
1 year
Money makes the world go round. And round. And round. And round. Crypto makes it go forward. #seewhatcryptocanbe
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@DavidLRipley
Dave Ripley
1 year
Love to see #Bitcoin and crypto thriving where they're needed most New report finds Nigeria, Uganda are seeing transaction surges over 10% amid inflation Don't believe the doubters. Every day the crypto economy is getting stronger and more inclusive ✊
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@DavidLRipley
Dave Ripley
2 months
ethereum turns 9 years old 🎉 @krakenfx has been there from the start:
@krakenfx
Kraken Exchange
9 years
Books opening July 29th. Are you excited? #ethereum
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@DavidLRipley
Dave Ripley
2 months
Helpful to take note of the power of central bankers (not just Fed, but BOJ, etc.) to impact individuals' savings/wealth. Would be nice to have an independent system where a few people in a conference room, pushing buttons, do not have such control. #Bitcoin Over the long run,
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@DavidLRipley
Dave Ripley
5 months
The data is becoming clear: Crypto could be a defining story of the 2024 election A big opportunity for a candidate who can speak to a new generation’s values with clarity and vision
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@DavidLRipley
Dave Ripley
5 months
big day today... Bitcoin Pizza Day🍕 a reminder of how far we have come and that we all stand on the shoulders of giants. also, a good day for some chicago style deep dish. and...
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@DavidLRipley
Dave Ripley
7 months
First a growing number of people, then companies and organizations, and now even governments across the United States of America are calling out the SEC for their overreach and negative impact on American citizens. more here:
@msantoriESQ
Marco Santori
7 months
Last week: You read @krakenfx 's motion to dismiss the SEC’s case against crypto. Today: You’re reading about “a regulatory power grab,” how “the SEC has appointed itself crypto regulator“, and that ”the SEC… puts consumers at risk” But wait. That’s not Kraken talking.
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@DavidLRipley
Dave Ripley
8 months
@krakenfx holds our clients' privacy and security in the highest regard you don't have to look far to find someone attempting to violate privacy and personal freedoms It's nice to get a W on behalf of our clients when these privacy violators encroach
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@DavidLRipley
Dave Ripley
5 months
here's to the @krakenfx team for doing what they do! good to see some well deserved recognition for an incredible team.
@krakenfx
Kraken Exchange
5 months
Proud to announce that Kraken has been named to @Newsweek ’s Top 100 Most Loved Global Workplaces for the second year in a row! Discover what makes our remote-first culture and amazing Krakenites so special. Read more: #mostlovedworkplace
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@DavidLRipley
Dave Ripley
2 months
I heard something about tradfi brokerages being down this morning after going from the weekend close to market open. #DEX / #DeFi : "what is a 'weekend close'?" ...still running strong
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@DavidLRipley
Dave Ripley
4 months
Financial privacy is critical to a fair economy. Good to see the passage of the CBDC Anti-Surveillance State Act today.
@TheBlock__
The Block
4 months
US House of Representatives pass Republican-led anti-CBDC bill along partisan lines
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@DavidLRipley
Dave Ripley
7 months
well said @BlockchainAssn @fund_defi "The theory on which the SEC is basing this case does not hold up to legal scrutiny and is yet another example of the SEC’s regulation by enforcement strategy, stifling innovation and creating even more regulatory confusion...."
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@DavidLRipley
Dave Ripley
6 months
Celebrating the halving and the magnificence of Bitcoin tonight!
@CNBCFastMoney
CNBC's Fast Money
6 months
Kraken CEO @DavidLRipley on the significance of #Bitcoin halving and what's ahead for crypto:
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@DavidLRipley
Dave Ripley
10 months
when a new superior technology arises to replace the old legacy system...
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@DavidLRipley
Dave Ripley
11 months
Great talking with @KenzieSigalos @novogratz @Mclader about the future of finance, i.e. crypto Also some good debate about ceo hairstyle and its impact on success
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@DavidLRipley
Dave Ripley
2 months
Excited to launch the Wyoming Blockchain Symposium with @saltconference next week in Wyoming...the crypto capital of the US.
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@DavidLRipley
Dave Ripley
1 year
Yes, it can and has. Madoff and others answered this ages ago. Even regulated banks somehow end up saying “the customers’ money is gone” …Lehman, Bear Stearns, etc These failures & frauds have been around as long as trusted 3rd parties have existed Crypto actually solves this
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@DavidLRipley
Dave Ripley
1 year
Nice work by the Kraken team and welcome to the BCM team!
@krakenfx
Kraken Exchange
1 year
BIG NEWS! 📣 We’re excited to announce our plans to acquire Dutch crypto broker BCM @bcmtodaycom ! This is another important step in our ongoing commitment to growth in Europe and to bringing Kraken’s offering to more people worldwide. More details ➡️
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@DavidLRipley
Dave Ripley
7 months
@Dougielarge thanks @Dougielarge . best to you as well. looking forward to seeing several wins on the board.
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@DavidLRipley
Dave Ripley
16 days
Today’s House FS Committee hearing is a powerful reminder of how difficult it has been to be a crypto user / business in the U.S. The lack of transparency and open hostility hurts both consumers and innovation. The crypto voter isn’t one to ignore.
@BanklessHQ
Bankless
16 days
Congress just put the SEC's bad-faith regulation of crypto in the hot seat Here are the spiciest clips from today's hearing 🌶👇
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@DavidLRipley
Dave Ripley
1 year
@jespow @krakenfx Thanks @jespow for building an incredible company and the contributions to the crypto industry. Looking forward to everything that lies ahead! ...and #BTC 🌕
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@DavidLRipley
Dave Ripley
24 days
2/2 We stand with crypto, the freedom it embodies, and the hope it offers globally.
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@DavidLRipley
Dave Ripley
4 months
The crypto wins keep coming in the US. Now the ETH ETF coming along for the ride.
@FinancialCmte
Financial Services GOP
4 months
Following the overwhelming bipartisan support for #FIT21 , the @SECgov today took a key step toward approving an #ETH ETF. The SEC must now expedite approval to give everyday Americans greater access to these products.
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@DavidLRipley
Dave Ripley
1 year
Another exciting day at the office... Nice work by @msantoriESQ and the @krakenfx team. A positive step for crypto and the United States as well.
@msantoriESQ
Marco Santori
1 year
1/ This morning, the Federal Court for the Southern District of New York ruled that XRP is not a security. As such, just a few minutes ago, Kraken re-enabled trading in XRP for US users.
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@DavidLRipley
Dave Ripley
5 months
When it comes to financial markets, trade volume can be that flashy, showy metric that lacks substance...kinda like the beach muscles of financial metrics. Liquidity on the other hand has real stature.
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@DavidLRipley
Dave Ripley
5 months
Great to join @JasonYanowitz and talk all things Kraken and crypto The future is on-chain
@JasonYanowitz
Yano 🟪
5 months
NEW POD with @krakenfx CEO 1) Kraken vs Coinbase 2) Kraken's 5 year strategy 3) Will Kraken launch an L2? 4) Thoughts on a Kraken IPO 5) Operating an exchange through cycles 6) Hiring crypto natives Really enjoyed this chat with @DavidLRipley , now live on Empire!
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@DavidLRipley
Dave Ripley
11 months
now within 6 months of the next bitcoin halving it's time to learn about crypto. the new @krakenfx learn center has you covered.
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@DavidLRipley
Dave Ripley
2 months
Good to chat crypto markets with @sullycnbc on Fast Money. Plenty of positive long-term momentum for the crypto industry ahead.
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@DavidLRipley
Dave Ripley
5 months
FIT21 is on the House floor! Looking forward to many votes for FIT21 supporting innovation and against policies that harm Americans and benefit narrow political interests.
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@DavidLRipley
Dave Ripley
1 year
for those interested in the truth...
@elliptic
Elliptic
1 year
Setting the record straight on crypto crowdfunding by Hamas
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@DavidLRipley
Dave Ripley
2 months
best presidential speech of all-time. thank you @realDonaldTrump .
@BitcoinMagazine
Bitcoin Magazine
2 months
2024 Nashville General Day 2
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@DavidLRipley
Dave Ripley
9 years
Great meeting the @tastytrade team and talking #Bitcoin , #Blockchain Technology, and @techstars with @Tony_BATtista and @Tomunderwater .
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@DavidLRipley
Dave Ripley
6 months
move over Rampage Jackson, Matt Hughes....my new all-time favorite MMA athlete, @moicanoufc .
@the_posts
𝐏𝐨𝐬𝐭𝐬 𝐅𝐫𝐨𝐦 𝐔𝐧𝐝𝐞𝐫𝐠𝐫𝐨𝐮𝐧𝐝
6 months
"If you care about your fucking country, read Ludwig von Mises and the six lessons of the Austrian economic school, motherfuckers." - @moicanoufc
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@DavidLRipley
Dave Ripley
2 years
@jespow @msantoriESQ @msantoriESQ yep, np, time for hair growth is actually the main reason for the transition period
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@DavidLRipley
Dave Ripley
5 months
and thank you to those in the US congress that led this effort
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@DavidLRipley
Dave Ripley
7 months
@PerianneDC
Perianne
7 months
It's time to end the @SECGov 's regulation by enforcement of the digital asset industry. We're proud to back @krakenfx in this case.
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@DavidLRipley
Dave Ripley
5 months
full report here:
@BlockchainAssn
Blockchain Association
5 months
1/ Today, @DCGco released data with @HarrisPoll that explores swing state attitudes toward digital assets and the financial system. The findings are clear: digital assets have emerged as a significant issue in the upcoming election. 🧵
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@DavidLRipley
Dave Ripley
10 days
@RepRitchie well done!
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@DavidLRipley
Dave Ripley
2 years
@paullinator @krakenfx thanks @paullinator , a ~decade for us, so much crypto progress, and we're just getting started
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@DavidLRipley
Dave Ripley
6 months
@thomas_fahrer Great list @thomas_fahrer another good one: Debt: The First 5,000 Years by David Graeber a comprehensive tour of the history of money and provides a foundation to understand cryptocurrenices
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@DavidLRipley
Dave Ripley
8 years
Great talking with @AnthonyCrudele about #Bitcoin , #Blockchain , and the future of financial services! @GlideraInc
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