Claims from Edoardo Farina regarding supposed control of the U.S. Treasury over XRP escrow have reignited active discussions within the crypto community.
Edoardo Farina's Claims About Treasury Control Over XRP
Recent statements by Edoardo Farina, CEO of Alpha Lions Academy, pertain to the covert control of the U.S. Treasury over XRP escrow. Farina claimed this occurred in 2020 without public announcement or confirmation from Ripple or government entities.
Community Reactions to the Rumors
Farina's post triggered mixed reactions on social media. Some users showed support for potential government involvement in digital assets, while others remained skeptical and demanded further proof. Discussions continue in the crypto community regarding the authenticity of the claim due to lack of official confirmations.
Ripple's Future and Banking Ambitions
Farina also suggested that Ripple is heading towards becoming a full-scale banking platform. However, Ripple itself has made no official announcements regarding such a transition. The company’s role in cross-border payments and its collaboration with central banks continue to garner interest as speculation builds on its future in institutional finance.
Despite the lack of confirmation regarding Farina's claims, the renewed attention reflects ongoing tension between speculation and official transparency. Ripple’s position on this matter remains unclear for now.
