The topic of Ripple, the crypto solutions company and cross-border payment firm violating the securities laws and whether XRP is a security remains unproven in court.
As the XRP lawsuit persists, many crypto proponents, top United States attorneys, and personalities have continued to show solidarity for Ripple, as they firmly believe XRP is not a security.
Contrariwise, the popular Bitcoin (BTC) maximalist and American broadcaster Max Keiser, stands with the U.S. SEC on the XRP matter and goes on to throw shades at the XRP Ledger native token.
Replying to a Wednesday tweet made by a certain user Rio, about the currently 6th largest crypto by market capitalization, Max Keiser reiterated that XRP is security.
While Rio opined that XRP isn’t a crypto, but a digital asset, Keiser commented, saying, “technically, XRP is a security.”
Technically, XRP is a security. https://t.co/4bjAm4XG8e
— Max Keiser (@maxkeiser) December 14, 2022
Related: Cardano Founder States What Would Happen if the SEC Tags ADA a Security
Increasing Attack on XRP
In a previous scenario, the widely followed American broadcaster spoke in the exact tone as Michael Saylor, the founder of the largest-known institutional holder of Bitcoin Microstrategy, when he tweeted, “good-bye XRP & ETH” on Tuesday.
This comment by Max Keiser came in reaction to an update that the SEC Chair Gary Gensler is ready to attack crypto companies violating the United States Securities Laws.
Read Also: XRP Expected To Rally As Whales’ Accumulation Heightens: Santiment Insights
As previously reported by TimesTabloid, John Deaton, the attorney representing over 75,000 XRP holders in the ongoing Ripple-SEC case disclosed Gensler’s next move, citing that it could trigger another 50% market crash.
It is worth noting that Microstrategy’s Michael Saylor is among those insinuating that XRP is a security. In a recent podcast session, Saylor urged U.S. regulators to shut down Ripple on the claims that XRP, ETH, and all other altcoins are unregistered securities and unethical.
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