{"id":42350,"date":"2025-08-15T10:01:38","date_gmt":"2025-08-15T10:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42350"},"modified":"2025-08-15T10:01:38","modified_gmt":"2025-08-15T10:01:38","slug":"xrp-scam-claims-resurface-sparking-fresh-crypto-feud","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42350","title":{"rendered":"XRP Scam Claims Resurface, Sparking Fresh Crypto Feud"},"content":{"rendered":"
\n

A four-week-old interview clip of Morgan Creek Capital\u2019s Mark Yusko\u2014resurfaced on Wednesday by the prominent XRP advocate \u201cDigital Asset Investor\u201d (DAI)\u2014reignited one of crypto\u2019s most ritualized arguments: whether criticism of XRP is fair analysis or reflexive tribalism.<\/p>\n

XRP Is Not A Scam, Expert Admits<\/h2>\n

In the edited segment, Yusko jokes about \u201cthe XRP army,\u201d then acknowledges, \u201cI might\u2019ve said that XRP is a scam\u2026 and I actually kind of stand by it,\u201d before adding that price increases say more about order flow than about underlying functionality: \u201cAnd the fact that an asset increases in price doesn\u2019t mean that the functionality got better. It just means that, you know, there\u2019s more buyers than sellers. So the price rises,\u201d he said.<\/p>\n

He also riffed on Washington \u201cking-making\u201d ledgers for specific functions and poked at rumors after Ripple CEO Brad Garlinghouse was photographed<\/a> with Donald Trump at Mar-a-Lago. DAI framed the repost bluntly: \u201cXRP Is a Dinosaur Coin According to @scottmelker. XRP is a scam according to @MarkYusko\u2026 When Bitcoin becomes an Altcoin they know the party is over.\u201d<\/p>\n

Scott \u201cThe Wolf of All Streets\u201d Melker pushed back almost immediately\u2014at once distancing himself from Yusko\u2019s characterization and from the entire topic. \u201cI don\u2019t think XRP is a scam,\u201d he wrote<\/a>. \u201cI don\u2019t really think about XRP. However, many who do think about XRP get deeply troubled when they think that someone might think something bad about XRP. Seems like their problem, not mine.\u201d<\/p>\n

In a follow-up, he clarified that what he found \u201camazing\u201d was Yusko\u2019s willingness to say exactly what he thinks, not the idea that XRP is fraudulent.<\/p>\n

That posture\u2014simultaneously rejecting the \u201cscam\u201d label while calling XRP and Ethereum \u201cdinosaur\u201d coins\u2014tracked with Melker\u2019s public commentary and helped sustain the flare-up across Crypto-Twitter overnight.
\nSupporters of XRP seized on the moment to argue that blanket aspersions are out of step with the project\u2019s legal and market standing after the five-year SEC fight wound down this month.<\/p>\n

The most detailed rebuttal came from \u201cCryptoinsightuk,\u201d who argued<\/a> that the \u201cscam\u201d discourse is selectively applied and misreads both market structure and the recent history of enforcement. His core position: \u201cThe crazy part about this is XRP is no more of a \u2018scam\u2019 than BTC, which is no more of a \u201cscam\u201d than the dollar and the whole financial system. It blows my mind to watch the constant bombardment of hatred towards XRP specifically and then for those throwing out wild accusations\u201d<\/p>\n

He also pushed back on Yusko\u2019s \u201cking-maker\u201d framing by noting that, for years, US authorities effectively did the opposite by singling out Ripple and its token for aggressive action. In his telling, that history undermines the idea that XRP has benefited from preferential treatment, even implicitly.<\/p>\n

Lawyer Bill Morgan (@Belisarius2020) just commented: \u201cA truly ridiculous take. Much anti-XRP FUD comes from the same sources. It has nothing to do with valid criticism of XRP or preference for other coins. It is deliberate FUD.\u201d<\/p>\n

On August 8, 2025, the US Securities and Exchange Commission formally ended its lawsuit<\/a> against Ripple Labs; District Judge Analisa Torres\u2019 penalties remained in place\u2014most notably a $125 million civil fine and an injunction restricting certain institutional-sale conduct\u2014while both sides dropped their appeals. The court\u2019s 2023 summary-judgment<\/a> split still defines the legal perimeter: institutional sales of XRP were unregistered securities offerings; programmatic sales on exchanges were not.<\/p>\n

That distinction is central to why the \u201cscam\u201d charge grates in 2025. The legal record does not pronounce the token itself fraudulent; it delineates when and how Ripple\u2019s sales practices fell under securities law.<\/p>\n

As for Yusko, his critique in the resurfaced clip is less about illegality and more about utility, politics and narrative gravity\u2014an argument that an asset\u2019s price ascent can be disconnected from improvements in its \u201cfunctionality.\u201d<\/p>\n

At press time, XRP traded at $<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

A four-week-old interview clip of Morgan Creek Capital\u2019s Mark Yusko\u2014resurfaced on Wednesday by the prominent XRP advocate \u201cDigital Asset Investor\u201d (DAI)\u2014reignited one of crypto\u2019s most ritualized arguments: whether criticism of XRP is fair analysis or reflexive tribalism. XRP Is Not A Scam, Expert Admits In the edited segment, Yusko jokes about \u201cthe XRP army,\u201d then […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42350","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42350"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42350\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}