Oh, the crypto community! It’s like a never-ending soap opera, and guess who just dropped a bomb? Our favorite blockchain detective, ZachXBT, decided to throw some serious shade at Ripple and its loyal fans. Spoiler alert: it wasn’t pretty! 😬
In a recent Twitter tirade, he claimed that Ripple holders are basically just “exit liquidity for insiders.” Ouch! He even lumped XRP in with Cardano, Pulsechain, and Hedera, declaring them all “not worth supporting.” I mean, talk about a roast! 🔥
“Ripple holders provide nothing of value to the industry except exit liquidity for insiders thus are not worth supporting (Likewise with Cardano, Pulsechain, Hedera, etc)”
– ZachXBT (@zachxbt) August 28, 2025
ZachXBT’s Critique of XRP
So, what sparked this delightful drama? A user named Ducky-Royal asked about an “XRP Ledger Forensics group” to help trace stolen funds. Zach, being the ever-so-helpful soul, suggested filing an IC3 report and tracing funds through exchanges. Because, you know, who needs a superhero when you have bureaucracy? 🦸♂️
An actual answer: Due to the amount stolen the best option is to file an IC3 report and trace to exchanges.
The Ripple foundation is cheap and no longer funds public goods that provide guidance to their community unlike other chains.
Learn more about the industry and scams…
– ZachXBT (@zachxbt) August 28, 2025
He went on to say that the “Ripple foundation is cheap” and has stopped funding public goods. Because who needs education and protection when you can just throw money at the problem, right? 🙄 In his eyes, this lack of institutional support makes XRP about as defensible as a wet paper bag in a rainstorm.
Allegations of a Personal Grudge
But wait! Not everyone is buying Zach’s critique as pure industry analysis. Enter Ripple Van Winkle, a researcher who claims Zach’s beef with Ripple is more personal than professional. Apparently, Zach once tried to cozy up to Ripple with a proposal to be their on-chain investigator. Can you say awkward? 😳
Let me explain….
See, the reason ZachXBT goes so hard at Ripple isn’t just because of some “objective industry analysis.” The real story, the one nobody talks about, is that a few years back he actually tried to get in with Ripple.
He pitched himself as the guy who could…
– Ripple Van Winkle | Crypto Researcher 🚀🚨 (@RipBullWinkle) August 28, 2025
According to Ripple Van Winkle, Zach pitched himself as the ultimate crime-fighting investigator, ready to track down stolen funds and save Ripple’s reputation. But alas, Ripple’s executives were not impressed. They probably thought hiring him would be like inviting a raccoon to a picnic-cute but ultimately disastrous. 🦝
XRP Caught in the Crossfire
Meanwhile, XRP took a little tumble, slipping 3.7% to trade at $2.88. The market is split-some traders see Zach’s comments as a wake-up call, while others think he’s just bitter about his failed pitch. Classic crypto drama, am I right? 🍿
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2025-08-29 10:47