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Max Keizer, a vocal Bitcoin maximalist and former financial journalist, mocked XRP holders in a recent tweet, saying the chances of their favorite cryptocurrency starting to rise are slim to none.
For the past few years, Kaiser has served as a Bitcoin advisor to El Salvadoran President Nayib Boucle. The country has adopted BTC as its official currency, making it the only legal tender for its citizens.
XRP rally will never happen, says Kaiser
Kaiser released a 15-second video of a fledged crow trying to eat an insect. The crow that has fledged just opens its mouth and is not trying to catch you.
“XRP holders are waiting for a rally that will never happen,” Bitcoin Maxi’s tweet reads.
A Bitcoin maximalist, Kaiser has always criticized altcoins, especially top coins such as XRP, SOL, ADA, and ETH, calling them centralized “scoins.” Kaiser previously tweeted that he agreed with the SEC and its chairman, Gary Gensler, in claiming that altcoins are unregistered securities as the regulator sues various U.S. crypto platforms. did.
In May of this year, Kaiser tweeted that XRP was created “to steal billions of dollars from brainless fools,” referring to the SEC’s lawsuit against Ripple that has been ongoing since late December 2020.
related
SEC appeals Ripple case
The aforementioned comments by El Salvador’s president’s Bitcoin advisor come in the wake of reports that the Securities and Exchange Commission has appealed federal judge Annalisa Torres’ ruling in the case against blockchain giant Ripple.
On October 2nd, the authorities filed an appeal, which triggered a significant drop in the XRP price. However, the SEC has not yet filed a Form C with the Second Circuit identifying exactly what issues in the case it wishes to appeal.
Ripple CEO Brad Garlinghouse called the allegations “infuriating” and “misguided.” He said his company will continue to fight the SEC to achieve ultimate victory.
In total, Ripple has spent more than $200 million fighting regulators in court. The amount includes the $125 million in fines a judge ruled Ripple to pay this year, reducing the original $2 billion the SEC requested.
