Bitcoin expert Max Keiser has expressed negative sentiment about Ripple’s XRP, referring to it as a “Ponzi scheme” and predicting that it will eventually be “cut down” by the US Securities and Exchange Commission (SEC). Keiser made these comments in response to a tweet from pro-XRP lawyer John Deaton, who had criticised Bitcoin maximalists for supporting the SEC’s regulatory approach to cryptocurrencies. Ripple is currently facing a lawsuit from the SEC, and the outcome of the case could have significant implications for the digital asset industry. The crypto community is eagerly awaiting the announcement of a summary judgment in the case.
AI Sentiment: Negative