XRP Community Riled up by Bitcoiner Max Keiser's Comments on SEC Lawsuit: Details

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XRP Community Riled up by Bitcoiner Max Keiser's Comments on SEC Lawsuit: Details
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Bitcoiner Max Keiser riles up XRP community BTC Bitcoin $BTC Crypto MaxKeiser

In December 2020, the Securities and Exchange Commission charged Ripple and two of its executives, claiming that they raised more than $1.3 billion through an unregistered digital asset securities offering.

CryptoLaw founder and XRP holders' attorney John Deaton waived off Keiser's comments, saying the Bitcoiner must have had XRP on his mind., Vitalik Buterin, the founder of Ethereum, inflamed the XRP community by claiming that XRP has lost its protection. Buterin was alluding to the defense put up by Ripple in its ongoing legal dispute with the SEC, that XRP should not be categorized as a security because Ethereum and Bitcoin are comparable.

The founder of CryptoLaw, John Deaton, responded to Ethereum creator Vitalik Buterin, calling the tweet"an immature, hateful comment directed at a community of innocent digital asset holders." He also stated that Ryan Selkis, Ripple's most outspoken detractor, has criticized the SEC's overreach.

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