Arthur Britto, co-founder of Ripple and architect of the XRP Ledger, has made his first statement on social media in 14 years. His post, consisting of just one emoji, triggered significant reaction within the community, leading to a notable rise in XRP's price.
First public communication
Britto posted a 'face without mouth' emoji on his X account, created in August 2011. The community's response to his message was immediate, likely due to his status as a founder who has maintained a low public profile since Ripple’s inception.
Arthur Britto's personal life
Not much is known about Britto. According to David Schwartz, chief technology officer at Ripple and co-creator of the XRP Ledger, he co-created the XRP Ledger in 2012 alongside Jed McCaleb. Initially known as NewCoin, it was renamed to OpenCoin and later Ripple Labs. In 2015, Britto sued McCaleb, accusing him of breaching a contract by launching Stellar and allegedly copying Ripple’s code.
Market reaction to the message
After Britto's post, the XRP price dropped to $1.97 but subsequently surged 8.1% within the day. Many traders interpreted this as a bullish signal. Some community members speculated that Britto's long silence gave weight to his words.
Arthur Britto's first public statement in 14 years has reignited interest in XRP and caused sharp market fluctuations. His renewed activity could signal significant developments in the near future.
