• 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

3 months 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

Share

Other news

Nexchain: A Promising Project at the Intersection of Blockchain and AI

Nexchain represents a new project in the blockchain market integrating AI for high speed and efficiency.

user avatarGiorgi Kostiuk

4 minutes ago

Crypto Fear & Greed Index Signals Recovery

Crypto Fear & Greed Index rises to 25, indicating increased investor confidence despite caution.

user avatarGiorgi Kostiuk

6 minutes ago

Dollar Shows Strength While Euro Weakens: Analyzing Forex Trends

Exploring recent shifts of the dollar and euro in the Forex market and their implications for the economy and traders.

user avatarGiorgi Kostiuk

7 minutes ago

OKX Fined €1.1 Million by Malta for AML Violations

Crypto exchange OKX fined €1.1 million by Malta for systematic breaches of anti-money laundering regulations.

user avatarGiorgi Kostiuk

9 minutes ago

How the Energy Crisis is Shaping Bitcoin Mining in 2025

In 2025, rising electricity prices reshape the Bitcoin mining landscape, creating demand for cloud solutions to reduce costs.

user avatarGiorgi Kostiuk

14 minutes ago

Strategic Cooperation Between Kyrgyzstan and Changpeng Zhao to Develop Blockchain

Kyrgyzstan has signed a Memorandum of Understanding with Changpeng Zhao to develop blockchain infrastructure and cryptocurrency.

user avatarGiorgi Kostiuk

17 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.