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Sunday, July 21, 2024

Ripple (XRP) Will Definitely Lose Against the SEC But There’s a Catch: Keiser

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Max Keiser has once again come out with a comment on the ongoing case between the United States Securities and Exchange Commission and Ripple – the company behind XRP.

The Bitcoin permabull thinks Ripple will lose, but the reason is not what many might think.

  • Max Keiser is a well-known proponent of Bitcoin – one that’s been very vocal about the primary cryptocurrency’s merits.
  • He’s also bashed multiple altcoins on many different occasions, and Ripple’s XRP hasn’t been an exception.
  • In a recent tweet, he said that Ripple will definitely lose its case against the United States Securities and Exchange Commission. But why?
  • Well, Keiser seems to think that Gensler – the SEC’s Chairman – is a “leg-breaker for the banking mob.”
  • Citing an article from the Wall Street Journal where the SEC called out spot Bitcoin ETF filings “inadequate,” he said:

As explained, the SEC runs a protection racket for Wall St. crooks so this is no big surprise. It also means XRP will definitely lose their case – as well as everything not Bitcoin (BTC is untouchable).

Not on the basis of law, but because Gary’s a leg-breaker for the banking mob.

  • Just a week ago, Keiser also openly called Ripple a Ponzi Scheme while maintaining that the SEC will “kill XPR.”

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