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

KuCoin Global Opens Australian Offices as Part of Its Global Expansion

In an announcement this Tuesday, KuCoin Global, a leading crypto exchange with over 40 million…

November 19, 2025
  • Crypto News

Pi Coin Set for Major Adoption as Pi Network Officially Registers Under EU MiCA

Pi Network has officially been onboarded into the European Union's Markets in Crypto-Assets Regulation, or…

November 19, 2025
  • Crypto News

XRP Price Risks Falling Below $2 as Sentiment Dips to “Anxiety” Stage, Analyst Predicts

A bearish technical chart pattern formation could begin to take effect, triggering a drop in…

November 19, 2025
  • Top

10 Best Crypto RWA Tokenization Platforms in 2025

In recent years, real‑world asset (RWA) tokenization has moved to a multi-billion-dollar on-chain phenomenon, with…

November 19, 2025
  • Bitcoin News

Michael Saylor Calls Strategy “Indestructible,” Says It Can Survive 80–90% Bitcoin Crash

Michael Saylor has insisted that Strategy was built to withstand extreme market declines. He said…

November 19, 2025
  • Crypto News

Crypto Market Faces New Macro Jitters Ahead of Nvidia Earnings, FOMC Minutes, NFP Jobs Data

Bitcoin, Ethereum, XRP and other altcoins pare gains as the crypto market braces for another…

November 19, 2025