- Crypto influencer Ashley Prosper believes that the XRP group is dealing with a coordinated assault.
- The influencer cited the shortage of mainstream media protection and the continuing FUD to make her case.
- In the meantime, XRP has misplaced practically 17% of its worth over the previous 4 weeks.
Ashley Prosper, a preferred crypto influencer among the many XRP group, took to X (previously Twitter) earlier right now to allege the mounting of a coordinated assault towards the XRP group. The influencer advised her followers that the XRP group had been subjected to unfair remedy by the hands of mainstream media and regulators over the previous three years.
In keeping with Prosper, the shortage of protection from mainstream media following the abstract judgment within the U.S. Securities and Change Fee (SEC) vs. Ripple case was proof of the coordinated assault. Regardless of being one of many largest and most high-profile information tales within the crypto business over the previous three years, the abstract judgment, which handed a partial victory to Ripple, was not extensively lined.
The crypto influencer additionally cited the synchronized and fixed worry, uncertainty, and doubt (FUD) that has been peddled towards XRP and Ripple over the previous three years. FUD has performed a substantial position in spreading misinformation and stopping additional adoption of XRP. In the meantime, XRP has misplaced practically 17% of its worth over the previous 4 weeks.
Prosper additionally highlighted non-public entities like JPMorgan discussing XRP with the SEC. JPMorgan is releasing a blockchain-based token for sooner cross-border deposits that’s reportedly in shut competitors with XRP.
In keeping with Prosper, a number of outstanding XRP group members and influencers have had their social media accounts hacked, which suggests a coordinated assault on the XRP group. Prosper additional added that the XRP group had additionally been labeled aggressive by the SEC, with others resorting to titles like conspiracy theorists.
Lastly, the SEC’s enforcement motion towards Ripple has ended up harming XRP and the broader Ripple ecosystem, because the crypto influencer identified that the continuing lawsuit has resulted within the lack of billions of {dollars}.