• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple's Financial Support: Debunking Political Allegation Rumors

user avatar

by Giorgi Kostiuk

a year ago

Ripple's Chief Legal Officer, Stuart Alderoty, has refuted claims that Donald Trump criticized Kamala Harris for receiving financial backing from Ripple executives. Alderoty called these allegations 'pure fiction.'

Origin of the Rumors

Rumors began circulating from various media outlets, suggesting Trump accused Ripple of backing Harris instead of him. An Axios report quoted Trump allegedly asking, 'When I needed you, where were you?', without naming the company involved.

Ripple's Response

Stuart Alderoty took to X (formerly Twitter), dismissing the claims as baseless and questioning the credibility of anonymous sources.

Ripple's Consequences

Despite the rumors, Ripple announced a $5 million donation in XRP to Trump's inauguration fund, indicating a desire to support pro-crypto policies.

The rumors about Ripple's political motives have been debunked, but interest in the company's activities in both political and blockchain arenas remains high.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Strategy's Bitcoin Accumulation Continues Despite Market Fluctuations

chest

Strategy has been consistently adding to its Bitcoin holdings for 12 weeks, despite market fluctuations.

user avatarLuis Flores

Fraudulent Letters Target Crypto Hardware Wallet Owners

chest

Crypto hardware wallet users are receiving fake letters impersonating Trezor and Ledger, designed to steal digital assets.

user avatarArif Mukhtar

Claver Defends His XRP Predictions Amid Criticism

chest

Jake Claver defends his strong beliefs about XRP's future despite criticism regarding his previous predictions.

user avatarMaria Gutierrez

Zashi Mobile Wallet Rebrands to Zodl Amid Governance Changes

chest

The Zashi mobile wallet is rebranding to Zodl as its developers operate outside the Electric Coin Company structure.

user avatarDavid Robinson

BRICS Payment System Enters Operational Phase

chest

The BRICS payment system is now operational, connecting central banks from China, India, Egypt, and the UAE through a Brazil-backed network.

user avatarAndrew Smith

Cryptocurrency Industry Gears Up for 2026 Midterms with $193 Million in Funding

chest

The cryptocurrency sector is preparing for the 2026 midterm elections, entering the year with over $193 million in cash on hand.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.