April 25, 2024

Donald Trump Jr to Discuss Ripple-SEC Dispute with BitBoy Crypto

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Donald Trump Jr to Discuss Ripple-SEC Dispute with BitBoy Crypto

A cryptocurrency YouTuber using the pseudonym BitBoy Crypto has revealed that he will appear on Donald Trump Jr.'s Rumble show next week and discussProblems of the crypto industry.

Ben Armstrong hinted that during the podcast he will discussa lawsuit involving Ripple and the U.S. Securities and Exchange Commission (SEC) that has been going on for more than two years.BitBoy Crypto assures that it has always supported XRP holders.

"You already know that I take every opportunity to condemn Gary Gensler.I have always represented the interests of the XRP community," Armstrong wrote.

Armstrong has publicly called on U.S. authorities to remove SEC Chairman Gary Gensler from his post, claiming that the official has met regularly with the founder of the collapsed FTX exchange, Sam Bankman-Fried, to consult with him on industry regulation.In a conversation with Trump, BitBoy Crypto is expected to criticize the SEC's enforcement actions against cryptocurrency companies and the agency's reluctance to develop separate rules to regulate the industry.

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Cryptocurrency enthusiast expressed confidence that the XRP rate will grow and continueA bullish rally if the proceedings end in favor of Ripple.Last week, the value of XRP increased by almost 20% thanks to the growing chances of settling the dispute.A few days ago, a federal court in California began hearings on the recognition of XPR as a security.This decision of the court will create a precedentfor the further development of the crypto industry.