Attorney John E Deaton, who is representing Ripple (XRP) investors in a lawsuit against the US Securities and Exchange Commission (SEC), has invested in Bitcoin (BTC) after hearing TV host Jim Cramer’s negative stance on the cryptocurrency. Cramer has a history of making inaccurate predictions about crypto, such as advising to sell BTC at $17,000 when it later surpassed $27,000. Despite Cramer’s anticipation of a 2022 bull run, the crypto market experienced severe downturns, with Bitcoin dropping below $16,000. Many users praised Deaton’s decision to invest in BTC, citing Cramer’s past failed forecasts.
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| Information | Details |
|---|---|
| Geography | North America |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 0 |
| People | Paul Tudor Jones, John E Deaton, Jim Cramer |
| Companies | FTX, US Securities and Exchange Commission (SEC), Ripple, Celsius Network, Bitcoin (BTC), Terra, CNBC |
| Currencies | Bitcoin, XRP |
| Securities | None |
