Ripple CEO Denies Trump Criticism
This is a news story, published by CoinGape, that relates primarily to Stuart Alderoty news.
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Ripple CLO Denies RumorsCoinGape
•Ripple’s Chief Legal Officer debunks claims of Trump’s criticism as ‘pure fiction’
54% Informative
Ripple's Chief Legal Officer Stuart Alderoty has strongly refuted recent rumors regarding the company and its executives.
Rumors suggested that former President Donald Trump criticized Ripple for alleged financial support of Kamala Harris during a past election.
XRP , Ripple ’s native token, experienced a significant price surge following the report, reaching a seven-year high of $ 3.40 .
The speculation was made at the same time of the unprecedented increase of XRP usage having hit more than 2,365 $ 100 K transactions.
The controversy arises at a time when Ripple is still in a legal tussle with the US Securities and Exchange Commission .
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