Ripple CLO Denies Trump Criticism and Political Allegations
- Ripple’s Chief Legal Officer, Stuart Alderoty, dismissed rumors of Trump criticizing Ripple for alleged support to Kamala Harris as “pure fiction.”
- The rumors claimed that Ripple co-founder Chris Larsen donated to PACs backing Harris.
- XRP, Ripple’s token, saw a price surge to $3.40 amid these speculations.
- Attorney John Deaton criticized the speculative reporting and emphasized evidence-based claims.
- Ripple’s representative confirmed outreach to Trump but denied involvement in spreading rumors about his support for XRP.
Stuart Alderoty and John Deaton both refuted allegations involving Ripple and political donations, highlighting the lack of evidence and questioning the credibility of unnamed sources. XRP prices surged despite these controversies.