Max Keiser Urges SEC To Stand Against Unregistered Securities Referring To XRP

While the Ripple Ripple - info@ripple.com Crypto / Blockchain SolutionPayment solution community is hoping to see an end for Ripple vs SEC lawsuit as soon as possible, a well known Bitcoiner, Max Keiser, stands against XRP.

In a latest Tweet, Bitcoiner Max Keiser claimed is seen quoting SEC to stand against all the unlawful inducement made by unregistered securities which he says while referring to XRP. This was made in reference to the video which was posted by an XRP user where the video is based on the reason for holding XRP.

As he referred to the video, Max Keiser pointed out XRP as centralized and urged SEC chair gary gensler gary gensler Gary Gensler is the chairman of the U.S. Securities and Exchange Commission (SEC). His studies in finance and blockchain at MIT have helped him develop U.S. cryptocurrency regulations and policies. Quick Facts Full name Gary Scott Gensler Birth 18-10-1957, Baltimore, Maryland, United States Nationality American Education MBA from the University of Pennsylvania Marital status Married to Francesca Danieli (1986-2006) Net worth Estimated $100 million   Gensler has advocated for enhanced supervision of digital assets, seeking to regulate cryptocurrencies similar to securities. His work at the SEC has focused on safeguarding investors, regulating crypto exchanges, and establishing stablecoin policies.   Gary Gensler - Career Highlights 1997 – Became Assistant Secretary of the Treasury. 2009 – Led CFTC, regulating financial derivatives post-2008 crisis. 2018 – Taught blockchain and crypto at MIT. 2021 – Appointed SEC Chairman, focusing on crypto regulations. 2022 – Proposed stricter rules for crypto exchanges. 2023 – Took legal action against major crypto firms. 2024 – Advocated for stronger stablecoin and DeFi regulations.   Gary has collaborated with multiple lawmakers in formulating crypto policies. Even with disagreements with crypto investors regarding crypto policies, he continues to be a key player in the changing dynamic between regulatory frameworks and blockchain advancement.   Awards & Recognitions of Gary Gensler Year Institution  Description 2009 U.S. Treasury Financial Regulation Leader 2018 MIT Blockchain & Crypto Educator 2021 SEC SEC Chairman Overseeing Crypto Policies 2023 Bloomberg Most Influential Regulator in Crypto 2024 Forbes Top Policy Maker in Digital Assets   Useful Links to Connect With Gary Gensler Platform Link X (formerly Twitter) twitter.com/GaryGensler CFTC website Chairman Gary Gensler   Chairman to take the necessary action.

The Ripple vs SEC case has been running since December 2020 where the Securities and Exchange Commission charged Ripple and two of its executives for raising more than $1.3 billion through unregistered digital asset securities offering.

Meanwhile, the XRP holder’s lawyer, John Deaton, slashed Keiser’s statement as he claimed that the Bitcoiner would know XRP if he ever had the currency on his mind.

Earlier, Ethereum Ethereum - press@ethereum.org Blockchain NetworkTechnology founder, Vitalik Buterin Vitalik Buterin Vitalik Buterin is a well-known tech geek, influencer, and computer programmer. To promote the blockchain, he started Bitcoin Magazine and provided blockchain information for cryptocurrency investors. In 2015, he co-founded Ethereum, a blockchain platform that contributed to decentralized finance.   Quick Facts   Full name Vitaly Dmitrievich Buterin Birth 31-01-1994, Kolomna, Russia Education University of Waterloo Wife/Partner To be updated / Not Married Famous for Ethereum, ETH, Blockchain advocate/promoter  Net Worth $1B (refer for real-time)   Buterin recognized the need for decentralized finance and used smart contracts to publish the Ethereum whitepaper.  His contributions paved the way for Ethereum's transition to Proof-of-Stake, which proved to be scalable and effective. Furthermore, he introduced Ether (ETH), the blockchain platform's native coin. A Timeline of Vitalik’s Career Co-founded Bitcoin Magazine (2011) – Established one of the first crypto publications, writing extensively on Bitcoin and blockchain. Authored Ethereum Whitepaper (2013) – Proposed a blockchain with smart contract functionality for decentralized applications (d Apps). Co-founded Ethereum (2015) – Launched Ethereum after a successful $18M ICO, revolutionizing the blockchain ecosystem. Developed Ethereum Virtual Machine (2015–2016) – Created the EVM, enabling developers to build and deploy smart contracts. Worked on Ethereum Scalability (2017–2021) – Contributed to Layer 2 solutions like Rollups, Plasma, and Sharding. Led Ethereum’s Transition to Proof-of-Stake (2018–2022) – Helped develop and implement Ethereum 2.0, merging the Beacon Chain in 2022. Blockchain Research & Cryptography (2016–Present) – Focused on zk-SNARKs, privacy tech, and decentralized governance models. Philanthropy & Crypto Advocacy (2017–Present) – Donated millions in crypto for pandemic relief, AI research, and financial inclusion. EntrepreneurCrypto and Blockchain Expert spoke against the XRP community where he said Ripple’s XRP has lost its trust and protection. Vitalok’s comment comes after the community compared XRP with bitcoin org bitcoin org - Event OrganiserTechnologyPayment solution and Ethereum and claimed that XRP cannot be considered as security.

Even then after Vikalik’s statement, John Deaton was seen calling his tweet as immature and referred to it as a hateful comment.

At the time of writing, XRP is selling at $0.471 with a surge of 5.76% over the last 24hrs.