As the legal battle between Ripple and the US Securities and Exchange Commission (SEC) continues, experts continue to speculate on the possible outcomes for both parties involved.
In this regard, Max Keiser, a famous Bitcoin (BTC) expert, said in his new statement that the SEC will eventually succeed in bringing XRP down. He also criticized Ripple CEO Brad Garlinghouse and described the company’s cryptocurrency operation as a “Ponzi scheme” in a tweet.
In this regard, Kaiser said, the SEC has gone too far in its recent actions, but this does not prevent the destruction of XRP and any other cryptocurrency (except Bitcoin, of course). Since there are virtually no rules on Wall Street for those with dollars and power, Brad Garlinghouse has spent a lot to continue his Ponzi scheme, but he can’t outspend the Fed.
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It is worth noting that Kaiser has previously criticized Ripple and said that the company has no chance against the SEC. At the time, he emphasized that the blockchain company could not win over the SEC and that XRP was essentially marked for death. As I keep telling you, the SEC eliminated exchanges and independent “crypto” players to make room for BlackRock, Wisdom Tree, Fidelity, etc. to enter the Bitcoin market.
The outcome of the SEC’s lawsuit against Ripple and its potential implications for the future of XRP are still unclear. The result of this case is of significant importance for investors and those interested in the crypto market; Because it can ultimately shape a regulatory environment for digital assets.
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