Ethereum And Ripple Commit Securities Fraud: Michael Saylor

Bitcoin bull Michael Saylor notoriously doesn’t care much about altcoins, including Ripple (XRP) and Ethereum (ETH). In a most recent podcast appearance, Saylor spoke out about the classification of those cryptocurrencies as securities.

In reference to the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Saylor laid out that he believes Ripple is an unregistered security.

“It’s pretty obvious,” the MicroStrategy CEO said, continuing, “It’s…


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