🏃 Grab this Black Friday offer early. Get up to 55% off InvestingPro now!CLAIM SALE

XRP Army Unhappy as US Gov Mentions Ripple in Terror Financing Context

Published 13/10/2023, 10:25
XRP Army Unhappy as US Gov Mentions Ripple in Terror Financing Context
XRP/USD
-

Coin Edition -

  • The U.S. government mentioned Ripple in a statement on crypto and terrorism financing.
  • The XRP community is concerned that the US government is unfairly targeting Ripple.
  • XRP Army believes the government remembers Ripple whenever it seeks to criticize the crypto industry.

The crypto community has recently scrutinized the U.S. government’s allegedly prejudicial view of various crypto-based projects being used to fund terrorism. In a recent tweet, XRP enthusiast wEeZiE raised concerns regarding the U.S. Department of State’s mention of Ripple in their statement on cryptocurrency and its potential use by criminals.

Specifically, he raised apprehension that the U.S. government often mentions Bitcoin (BTC) and Ethereum (ETH) when they seek to discuss matters related to the digital asset industry. However, according to the XRP enthusiast, the government remembers Ripple, the payment firm associated with XRP, whenever it seeks to criticize the crypto industry.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.