Crypto Drama Unfolds: XRP Scams, Feuds, and a Dash of Sarcasm! 💸

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Ah, the delightful world of cryptocurrency, where every week brings a fresh batch of melodrama! Just when you thought the dust had settled, a four-week-old interview clip featuring the ever-charming Mark Yusko of Morgan Creek Capital waltzed back into the limelight, courtesy of our favorite XRP cheerleader, “Digital Asset Investor” (DAI). And lo and behold, the age-old debate has been reignited: is the criticism of XRP a fair analysis or merely the musings of a tribalistic mob? 🎭

XRP Is Not A Scam, Expert Admits (Sort Of)

In this rather amusing segment, Yusko quips about “the XRP army” before cheekily admitting, “I might’ve said that XRP is a scam… and I actually kind of stand by it.” Oh, the audacity! He then goes on to explain that price increases are more about the number of buyers than any actual improvement in functionality. “It just means that, you know, there’s more buyers than sellers. So the price rises,” he mused, as if he were discussing the weather rather than a multi-billion dollar asset. ☔️

He also took a playful jab at Washington’s “king-making” ledgers and couldn’t resist poking fun at the rumors swirling around Ripple CEO Brad Garlinghouse’s photo op with Donald Trump at Mar-a-Lago. DAI, in a rather blunt fashion, framed the repost: “XRP Is a Dinosaur Coin According to @scottmelker. XRP is a scam according to @MarkYusko… When Bitcoin becomes an Altcoin they know the party is over.” Oh, the drama! 🍿

Scott “The Wolf of All Streets” Melker, ever the diplomat, quickly distanced himself from Yusko’s rather colorful characterization. “I don’t think XRP is a scam,” he declared, “I don’t really think about XRP. However, many who do think about XRP get deeply troubled when they think that someone might think something bad about XRP. Seems like their problem, not mine.” Touché! 🎩

In a follow-up, he clarified that what he found “amazing” was Yusko’s audacity to speak his mind, not the notion that XRP is fraudulent. How refreshing! This delightful back-and-forth kept the flames of Crypto-Twitter ablaze overnight, with XRP supporters seizing the moment to argue that such blanket accusations are woefully out of touch with the project’s legal and market standing, especially after the five-year SEC saga wrapped up this month. 🥳

The most detailed rebuttal came from “Cryptoinsightuk,” who argued that the “scam” discourse is selectively applied and misreads both market structure and the recent history of enforcement. His core position? “The crazy part about this is XRP is no more of a ‘scam’ than BTC, which is no more of a ‘scam’ than the dollar and the whole financial system. It blows my mind to watch the constant bombardment of hatred towards XRP specifically and then for those throwing out wild accusations.” Quite the observation, wouldn’t you say? 🤔

He also took issue with Yusko’s “king-maker” framing, pointing out that US authorities have historically singled out Ripple and its token for aggressive action, which hardly suggests preferential treatment. A rather compelling argument, if I do say so myself! 🧐

Lawyer Bill Morgan (@Belisarius2020) chimed in with a rather scathing remark: “A truly ridiculous take. Much anti-XRP FUD comes from the same sources. It has nothing to do with valid criticism of XRP or preference for other coins. It is deliberate FUD.” Oh, the intrigue! 🔍

institutional sales of XRP were unregistered securities offerings; programmatic sales on exchanges were not. Quite the legal labyrinth! 🏛️

This distinction is central to why the “scam” charge grates in 2025. The legal record does not pronounce the token itself fraudulent; it merely delineates when and how Ripple’s sales practices fell under securities law. A fine line, indeed! ⚖️

As for Yusko, his critique in the resurfaced clip is less about illegality and more about utility, politics, and the narrative gravity of it all-an argument that an asset’s price ascent can be disconnected from improvements in its “functionality.” How delightfully convoluted! 🎢

At press time, XRP traded at $

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2025-08-15 14:05