Crypto News

XRP A Complete Scam? Ripple CTO Replies

XRP News: Ripple CTO David Schwartz slammed the self-proclaimed Bitcoin inventor Craig Wright for calling XRP "A Scam"
Published by
XRP A Complete Scam? Ripple CTO Replies

XRP News: Self-proclaimed Bitcoin inventor Craig Wright and Ripple CTO David Schwartz got into a heated Twitter debate. The cause of the altercation was a tweet by Wright in which he claimed that “XRP is a complete scam.” However, like always David Schwartz sarcastically replied to the absurd claim.

Advertisement

Ripple CTO Not Falling for Craig Wright’s Tricks

nChain Chief Scientist and controversial entrepreneur, Craig Wright in a Twitter thread wrote “If you ever mention Ripple CTO call him as he is… conman Davie. He compared David Schwartz with the Maddoff and that too of the shitcoins.

Wright stated If you think this is libel, remember the truth. Davie is a conman” He didn’t stop there and also wrote that “XRP is a complete scam.”

Triggered by that statement, Schwartz replied, “It’s funny how you feel the need to attack me when, and only when, you are being criticized for your own indefensible actions.”

Earlier, Coingape reported that Ripple CTO slammed Craig Wright for starting a dumb argument over the XRP ledger. It is always seen that the self-proclaimed Bitcoin creator always has something to say about XRP or David Schwartz while he acts like things are the other way around. Read More XRP News Here

Advertisement

XRP Current Market Standing

XRP is ranked as the 6th biggest crypto by market capitalization, according to CoinMarketCap. At the time of writing, XRP price is currently levitated around $0.4097, with a market capitalization of $20.8 Billion and a 24-hour trading volume down by 14.29%.

Now it stands at $778,874,551. At the same time, the circulating supply is approximately 50,799,084,881 XRP.

Disclaimer: This is not investment advice. Please do your due diligence before investing in any asset.

Advertisement
Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Ethereum Faces Selling Pressure as BitMEX Co-Founder Rotates $2M Into DeFi Tokens

Ethereum is under new sell pressure after a high-profile crypto trader sold his ETH assets…

December 20, 2025
  • Gambling

Best Crypto Casinos in Germany 2025

If you’re a German gambler tired of strict limits and slow payouts at locally licensed…

December 20, 2025
  • Crypto News

Tom Lee’s Fundstrat Warns Clients Bitcoin Could Fall to $60,000 Despite His ATH Public Forecast

Top asset manager Fundstrat has advised its private clients to expect a pullback in Bitcoin…

December 20, 2025
  • Crypto News

125 Crypto Firms Mount Unified Defense as Banks Push to Block Stablecoin Rewards

Over 125 cryptocurrency companies have joined forces to defend stablecoin rewards programs against banking industry…

December 20, 2025
  • Crypto News

BlackRock Bitcoin ETF Ranks Among Top ETFs In 2025 Despite Crypto Downturn

The BlackRock Bitcoin ETF (IBIT) has emerged as one of the top exchange-traded funds (ETF)…

December 20, 2025
  • Crypto News

Stablecoin Adoption Deepens as Klarna Turns to Coinbase for Institutional Liquidity

Klarna has taken a major step into crypto finance by partnering with Coinbase to accept…

December 19, 2025