Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.
Ripple Labs and CEO Brad Garlinghouse are facing criticism from industry executives after rumors that the CEO recently met with President-elect Trump began circulating on social media.
In response to the rumors, former Messari CEO and founder Ryan Selkis remarked: “Brad Garlinghouse is shilling XRP (XRP) and CBDC implementations.” Selkis’ comments were reposted by the vice president of research at Riot Platforms, Pierre Rochard.
Rochard agreed with Selkis and wrote “We can’t let Ripple co-opt the United States policymaking process with their anti-bitcoin agenda,” and hoped that the President-elect would appoint more Bitcoiners to his administration.
