SEC's Wicked Plan For Crypto
The SEC has sued Ripple and it's plans are being exposed by pro XRP lawyer John Deaton. The SEC has sued Ripple and Deaton thinks exchanges are next. The pro XRP lawyer says he thinks the SEC will sue an exchange next and would probably be Coinbase. The plan Deaton thinks is to collapse the crypto market and bring 99% of crypto to zero. This will still leave 100 to 200 cryptocurrencies and those will be the ones with strong utility. Deaton thinks once this happens and the SEC's buddies on wallstreet have loaded up then we will see Gary Gensler come in with crypto guidlines and regulation. This is the same old game, the wealthy monopolize the system and centralize it and dump on unsuspecting buyers. Granted overall the destruction of useless coins is not a bad thing for crypto but its how they do it is the problem. Either let the free market choose or put in place clear regulations.
#ripple #sec #xrp #litecoin #cardano #garygensler
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