In a recent podcast session, Michael Saylor, the founder and former CEO of Microstrategy, showed support for the United States Securities and Exchange Commission’s (SEC) standpoint regarding Ripple and XRP.
According to Saylor, Bitcoin (BTC) is the only ethical commodity while all other altcoins including XRP and Ethereum (ETH) are unregistered securities.
Whereas Brad Garlinghouse and the entire Ripple team are hoping for a favorable ruling in their longstanding XRP lawsuit with the SEC, Michael Saylor noted that Ripple should be shut down by the regulators.
(By Ndianabasi Tom)
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