The Ripple executive says he felt really bad about the situation and "it wasn’t the authentic interaction with celebrities" that he was aiming for.
Ripple News

Established in 2012 under the name OpenCoin, Ripple Labs is the software corporation responsible for creating the XRP (XRP) cryptocurrency and its accompanying distributed ledger technology (DLT), the XRP Ledger. In addition, the company has crafted a collection of payment protocols, such as RippleNet, which are designed to optimize cross-border transactions for financial entities. RippleNet serves as a counterpart to the traditional SWIFT system, aiming to revolutionize and accelerate international money transfers by leveraging blockchain technology.
Initially featuring distinct services (xCurrent for bank payments, xRapid for liquidity via XRP and xVia for API integration), RippleNet consolidated these offerings in 2019. This strategic unification aimed to broaden XRP’s application in fund transfers under a single, cohesive RippleNet banner. Ripple’s XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. The XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
In 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple and its executives, Brad Garlinghouse and Christian Larsen, which accused it of conducting unregistered securities offerings worth over $1.3 billion via XRP sales. However, in July 2023, Ripple secured a partial victory when U.S. District Judge Analisa Torres ruled that XRP sales on public exchanges did not constitute unregistered securities offerings.
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- Market Analysis
XRP price fell by 10% as whales sold and wider market liquidations spread to the altcoin.
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Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail.
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Ripple’s Chris Larsen shifted 50 million XRP to exchanges just as prices peaked, sparking accusations of “dumping” tokens.
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Ripple warns that bad actors are stealing YouTube accounts and using them to impersonate the firm to shill their scams, including fake “XRP giveaways.”
12740 - Altcoin Watch
XRP is consolidating near its multimonth high, but some new projections from market analysts point to a potential rally to as high as $10.
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A survey conducted by the National Cryptocurrency Association explored why some people aren’t comfortable investing in digital assets.
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XRP cloud mining is possible in 2025, but approach with caution, as risks often outweigh the rewards.
43052 - Altcoin Watch
XRP’s market cap could surge past $250 billion, backed by historical fractals and Fibonacci targets after a key breakout pattern.
35244 - Market Analysis
XRP is often criticized for “not having a use case,” yet it remains a top performer in the current bull market. Why?
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The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett.
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Ripple told Cointelegraph it will apply for a MiCA license to expand its crypto and stablecoin operations across the European Economic Area.
6372 - Market Analysis
XRP posts strongest weekly gain since November as whale wallets hit record high, signaling rising confidence among large investors.
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Ripple ranks as one of the top 10 pre-IPO companies on EquityZen, while major crypto firms like Tether and Gemini saw the largest spike in popularity in Q2 2025.
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Ripple CEO Brad Garlinghouse says the growth behind the stablecoin market has been “profound” as it announced BNY Mellon as the firm’s stablecoin custodian for RLUSD.
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