In this video, Michael Saylor, the CEO of MicroStrategy, warns XRP holders that if Ripple, the company behind the XRP token, is found to have violated U.S. securities laws, the token could be reduced to zero. He explains that the U.S. Securities and Exchange Commission (SEC) is currently suing Ripple, claiming that the company illegally offered XRP as an unregistered security. Saylor advises XRP holders to be aware of the potential risks associated with Ripple’s legal proceedings and to be prepared for the possibility that XRP could be reduced to zero. He also points out that if Ripple is found to have violated securities laws, it could have a ripple effect on other cryptocurrencies. He encourages XRP holders to do their own research and make informed decisions about whether or not to hold onto the token.
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