Ripple Accused of XRP Dumping to Fund Circle Bid: A Crypto Grift?

Posted: 2025-05-21 02:28:33 UTC

@RexR89Capital

#Ripple

#Fraud

#Stablecoins

#Circle

#XRP

#CryptoGrift

Heads Up!

This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.

Full Thread

This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.

Heads Up!

Verification Details

Status

In Progress

VerifiedPartially VerifiedFalse

Last Updated

2025-05-21 02:29:04 UTC

Verified By

Rollup News

TL;DR;

The author claims that Ripple's bid for Circle is funded by XRP dumping and that stablecoins make XRP useless. They accuse Ripple of being a massive grift and one of the largest frauds in finance history.

Key Impact Areas

Ripple's alleged use of XRP dumping to fund Circle bid

Stablecoins rendering XRP's intended use case obsolete

Accusation of Ripple being a major crypto grift

Ripple's alleged use of XRP dumping to fund Circle bid

Stablecoins rendering XRP's intended use case obsolete

Accusation of Ripple being a major crypto grift

Ripple's alleged use of XRP dumping to fund Circle bid

Stablecoins rendering XRP's intended use case obsolete

Accusation of Ripple being a major crypto grift

Challenges

XRP's utility being undermined by stablecoins

Ripple's alleged fraudulent activities

Ethical concerns regarding XRP dumping on retail investors

XRP's utility being undermined by stablecoins

Claims

Deliberation Map

Similar Rollups

Ripple's alleged fraudulent activities

Ethical concerns regarding XRP dumping on retail investors

XRP's utility being undermined by stablecoins

Ripple's alleged fraudulent activities

Ethical concerns regarding XRP dumping on retail investors