Famous economist Max Keiser came up with a statement that would anger the Ripple (XRP) and Ethereum (ETH) communities. Keiser made a statement following the arrest of Sam Bankman-Fried, the former CEO of the failed cryptocurrency exchange FTX. Following the statements made by the famous name, 2 altcoins faced the reaction of investors. Here are the details…
The famous economist again targeted these altcoin projects
Renowned economist Max Keiser has responded to a report that the SEC chairman will take action against platforms that violate securities laws. In his comment, Kesier used the expressions “Goodbye, XRP and ETH”. Keiser’s comments targeting ETH and XRP were met with backlash from investors. As we reported on cryptokoin.com, Keiser has classified all cryptocurrencies other than Bitcoin as securities. The well-known altcoin critic had also criticized XRP in his previous statements. He also urged SEC Chairman Gary Gensler to take action against this altcoin project.
The prominent altcoin critic centralized XRP and urged SEC Chairman Gary Gensler to take action against it. Max Keiser called XRP an “illegal incentive” to sell unregistered securities. In December 2020, the Securities and Exchange Commission accused Ripple and its two executives, claiming they had raised more than $1.3 billion through an unregistered securities offering.
SEC filed charges against SBF
According to a statement, the SEC has filed its charges against FTX’s Sam Bankman-Fried (SBF). The SEC has accused FTX CEO and co-founder Samuel Bankman-Fried (SBF) of orchestrating a scheme to defraud stock investors. In the publication published by the agency, it was stated that investigations into other securities law violations and other institutions and individuals related to the alleged misconduct are continuing. SEC Chairman Gary Gensler said:
We argue that Sam Bankman-Fried is trying to deceive and deceive investors when he tells investors that it is one of the safest structures in crypto… Platforms that do not comply with our securities laws, the SEC’s Enforcement Division is ready to take action.
Vitalik Buterin, the founder of Ethereum, previously said in a statement to Ripple’s defense in its ongoing legal dispute with the SEC that XRP should not be categorized as a security because Ethereum and Bitcoin are comparable. John Deaton, on the other hand, responded to Ethereum creator Vitalik Buterin, describing the tweet as “an immature, hateful comment directed at the innocent community of cryptocurrency holders.”
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.