Max Keiser’s Prediction on Ripple’s Case against SEC
Max Keiser, a well-known Bitcoin proponent, has shared his thoughts on the ongoing case between Ripple and the SEC. Despite being critical of altcoins, Keiser believes Ripple will lose the case, but not for the reasons many might expect.
Main Breakdowns:
- Max Keiser is a vocal supporter of Bitcoin and has been critical of altcoins, including Ripple’s XRP.
- Keiser predicts that Ripple will definitely lose its case against the SEC.
- He attributes this prediction to his belief that the SEC’s Chairman, Gensler, is a “leg-breaker for the banking mob.”
- Keiser references an article from the Wall Street Journal where the SEC criticized spot Bitcoin ETF filings as “inadequate.”
- He argues that the SEC protects Wall Street crooks, implying that this bias will lead to Ripple’s loss.
Keiser also recently referred to Ripple as a Ponzi Scheme and maintained his belief that the SEC will “kill XRP.”
Hot Take:
Max Keiser’s prediction on Ripple’s case against the SEC is based on his belief that the SEC’s Chairman, Gensler, has a bias against Ripple and is protecting the interests of the banking industry. While Keiser is known for his support of Bitcoin, it remains to be seen how the case will unfold and what impact it may have on Ripple and XRP.
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