Bitcoin advocate Max Keiserangered the XRP and ETH communities in a statement following the arrest and indictment of FTX founder Sam Bankman-Fried.
Keiser’s comment on “goodbye XRP and ETH” in a post he made, reminding the SEC chairman’s promise that he will fight ‘securities’, garnered a reaction.
As we reported on Koinfinans.com, Keiser classifies all crypto assets other than Bitcoin as ‘securities’. Altcoins The name, who was criticized for his world, claimed that XRP was centralized. Not content with this comment, Keiser invited SEC chairman Gary Gensler to act as well.
According to a statement, the SEC has filed charges against FTX’s Sam Bankman-Fried (SBF).
The statement attributed to SEC Chairman Gary Gensler said: “We argue that Sam Bankman-Fried lied a great deal while reassuring investors.” The SEC Chairman also commented, “For platforms that do not comply with our securities laws, the SEC’s Enforcement Division is ready to take action.”
The SEC has accused FTX founder Samuel Bankman-Fried of orchestrating a scheme to defraud stock investors.
Investigations into other entities and individuals involved in other securities law violations and alleged misconduct are continuing, a statement released said.
Ripple Stuart Alderoty, its general counsel, noted that the SEC’s accusations were aimed at restoring funds for FTX’s equity investors, not regular “consumers.”
XRP holders also criticized the U.S. Securities and Exchange Commission for failing to classify FTT as an unregistered security in its charges against Sam Bankman-Fried.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.