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According to lawyer and supporter of Ripple XRP, John Deaton, if Ripple wins in court, only XRP and Bitcoin will be safe.
According to lawyer and supporter of Ripple XRP, John Deaton, if Ripple wins in court against the SEC, then only XRP and Bitcoin will have nothing to fear. According to him, ETH could be next in line for the SEC lawsuit:
Does everyone win if Ripple wins? The SEC wins. Ripple wins. XRP investors who have never sold win. What about other crypto projects? Ironically, only #Bitcoin and #XRP will be safe then. Can #ETH investors honestly say they’re not worried? Or those who invested in another cryptocurrency?
A Ripple XRP proponent explained the reason for the concern. Fox Business journalist Gasparino recently concluded that SEC chairman Gary Gensler is waiting for the Ripple case to tackle ETH:
There is a reason Gensler is not commenting on whether he considers ETH to be a security. This is because he wants to pursue them. What’s insanely ironic is that under Gensler’s leadership, the lawsuit could ultimately give Ripple and XRP an edge going forward.
It should be noted that this is exclusively the point of view of John Deaton. Ripple officials said that they are protecting not only their interests, but also the interests of the entire crypto world during the lawsuit.
#Ripple #wins #court #XRP #Bitcoin #safe
