Ripple is a Ponzi Scheme, SEC Will Kill XRP

Prominent bitcoin supporter and permabull Max Keizer has taken to Twitter to strike again at Ripple.

  • Keizer, who is also a Bitcoin advisor to the President of El Salvador, hits Ripple, its CEO Brad Garlinghouse, and the company’s parent currency – XRP.
  • He acknowledged that the SEC overreached, but also felt that this “would not stop them from killing XRP and every other cryptocurrency.”
  • The only exception, according to Keizer, is Bitcoin.
  • Going forward, he also said:

“…there is virtually no rule of law whatsoever in Wall Street/finance for those with the dollar and the clout. Brad Garlinghouse has been spending a lot to keep the Ponzi scheme going, but he can’t spend on the Feds and Jamie Dimon.

It is a matter of when, not when, the XRP halving will take place.”

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