Allegations Surface Against Ripple Co-founder
Specific details regarding the origin of these claims, the identity of the nonprofit, or the precise nature of the alleged activities remain publicly undisclosed.
XRP Whale Accumulation
Whales reportedly acquired 40 million $XRP over a single week.
Ripple's Strategic Advancements and Institutional Traction
Ripple's CEO confirmed that banks could deploy $XRP solutions in under 24 hours. Ripple's Chief Legal Officer acknowledged a shift in the U.S. Securities and Exchange Commission's approach, suggesting it could benefit $XRP through proposed crypto safe harbor frameworks.
Evidence of institutional engagement includes a Bitwise $XRP ETF filing a 10-K on EDGAR and Goldman Sachs reportedly becoming a major holder of an $XRP ETF. Evernorth also reportedly utilizes $XRP for tokenization, lending, and settlement, supported by entities including Ripple, SBI, Pantera, and Kraken.