- El Salvador Bitcoin advisor Max Keiser stated that XRP cannot win against SEC.
- Keiser claimed that it was not about the law, but rather the entities empowering the SEC.
- This came after the court ordered Ripple’s disclosure of financial records from 2022-23.
Max Keiser, an advisor on Bitcoin to President Nayib Bukele of El Salvador, has voiced a downbeat perspective regarding XRP and Ripple’s ability to prevail over the U.S. regulator.
Keiser argued that XRP would not emerge victorious, stating that the issue lies not in the law itself but in the entities empowering the U.S. Securities Exchange Commission (SEC). According to Keiser, the SEC functions as Wall Street’s “paid thugs,” with Chairman Gary Gensler’s primary objective being to “kill” XRP.
XRP won’t win. It’s not a matter of law. The SEC is Wall Street’s paid thugs and Gary’s job is to kill XRP“Ripple Must Share Financial Statements, XRP Institutional Sales Data, Court Rules on SEC Request https://t.co/xEnqRt5ZZV
— Max Keiser (@maxkeiser) February 8, 2024
The Bitcoin advisor to El Salvador delivered these strong statements following reports that a U.S. court had ordered Rippl…
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