- Written by: Lele Jima
- Mon, 31 Jul 2023
- United States
Attorney Deaton has called on crypto community members to re-evaluate Sygnum Bank’s recommendation about investing in Bitcoin, Ethereum, and XRP. Crypto-Law.US founder Attorney John Deaton has called on the crypto community to re-evaluate Sygnum Bank’s recommendation about investing in Bitcoin (BTC), Ethereum (ETH), and XRP. In a February 2021 tweet, Attorney Deaton noted that Sygnum […] The post Deaton Asks XRP Community to Re-evaluate Sygnum Bank BTC, ETH, XRP Recommendation first appeared on The Crypto Basic.
Deaton Asks XRP Community to Re-evaluate Sygnum Bank BTC, ETH, XRP Recommendation
Attorney Deaton has called on crypto community members to re-evaluate Sygnum Bank’s recommendation about investing in Bitcoin, Ethereum, and XRP.
Crypto-Law.US founder Attorney John Deaton has called on the crypto community to re-evaluate Sygnum Bank’s recommendation about investing in Bitcoin (BTC), Ethereum (ETH), and XRP.
In a February 2021 tweet, Attorney Deaton noted that Sygnum Bank’s Head of Management urged the public to increase their exposure to “tokens of the future.”
According to Deaton, the bank listed the top three assets at the time- BTC, ETH, and XRP – as the tokens of the future. He noted that the Sygnum Bank exec described Bitcoin as the future asset for the store of value and wealth.
Additionally, the bank classified Ethereum as the future asset for “infrastructure play.” Lastly, Sygnum described XRP as the technology of the future for payments.
Two years after his tweet, Attorney Deaton asked crypto enthusiasts to state whether the bank was right in 2020 and today.
This would mark the second time Deaton would be revisiting his initial tweet. Notably, the attorney drew
...