Ripple's lawyer's response to the rumors related to XRP and the U.S. government.
Ripple's chief lawyer has denied any rumors about the U.S. government intending to seize XRP in the near future.
In the context of social media posts suggesting that XRP could be used as a digital reserve for the government, Ripple's lawyer has clarified the stance. Bill Morgan, a prominent lawyer closely linked to the project, affirmed that there is no possibility that the U.S. government will seize XRP in Ripple's escrow, responding to false information.
Morgan has dispelled the spread from the online community, including activist John Squire, regarding the U.S. government's approach to Ripple's cryptocurrency reserves. The clear message has helped to ease the negative narrative surrounding XRP.
Responses from influential figures regarding the rumors related to XRP.
For instance, Pumpius, a prominent figure in the community, stated that although the rumors about XRP escrow seem unbelievable, it cannot be ruled out that they might be true. He compared the situation of XRP to the process of the Bitcoin ETF's inception, which initially seemed impossible but ultimately became a reality.
According to reliable sources, these rumors stem from Ripple having released 1 billion XRP from escrow, consisting of three separate transactions: 500 million, 300 million, and 200 million XRP, valued at over $2.2 billion.
Notably, this is not the first time the company has been the subject of rumors related to the U.S. government. Previously, there were rumors that Ripple might have offered the U.S. government to hold up to 45% of XRP for the purpose of accessing the market or resolving legal disputes with the SEC.
Risks and rumors regarding Ripple's involvement with the SWIFT system.
Another speculation revolves around the possibility of Ripple integrating the XRP Ledger into the global payment system SWIFT. However, many of these rumors have been exaggerated, and there is no clear evidence to substantiate them.
While Ripple has partnered with many major banks to support cross-border payments, information related to SWIFT is largely speculative. However, if it becomes a reality, it would be a significant step in integrating blockchain into traditional finance.
Recently, Ripple also acquired the global investment banking platform Hidden Road for $1.25 billion and launched the stablecoin RLUSD, aiming to expand its influence in the traditional financial services sector, which has sparked much speculation about collaboration with SWIFT.
Prospects for XRP and future major collaborations.
While rumors about XRP continue to rise, the community remains skeptical. Some experts demand clear evidence to validate these claims to avoid misunderstandings or unnecessary debates.
In the blockchain world, events like Ripple partnering with SWIFT or the U.S. government seizing XRP are potential in nature, but always require consensus with valid evidence to ensure safety for investors and stable development for the cryptocurrency market.
Source: https://tintucbitcoin.com/luat-su-ripple-phu-nhan-bat-chap-xrp/
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