So, it all kicked off with a post. Just your average, run-of-the-mill social media jab from the “Build on Stellar” account. But this one? Oh boy, it hit like a ton of bricks! 🎯 It was like they were throwing shade at Ripple, and let me tell you, the XRP community was not having it. They were like, “Oh no, you didn’t!”
Enter John Deaton, the legal eagle for XRP holders in the class-action circus against the SEC. He’s out here saying, “Hey, Jed McCaleb, what’s the deal? You’re taking potshots at the company you helped create while they’re in a legal dogfight? That’s a little rich, don’t you think?” I mean, come on! It’s like throwing a party while your house is on fire! 🔥
Deaton laid it out: Ripple’s been bleeding cash—$150 million in legal fees and $1.3 billion in XRP sales—while McCaleb is out there raking in the dough. The guy made $2 billion from XRP sales after the lawsuit dropped! Meanwhile, Ripple’s current crew is busy playing legal whack-a-mole. Exhausting, right? 😩
Imagine a founder publicly taking shots at the company he co-founded, after the company was targeted by the @SECGov, likely with his help, for spending $150 million in legal fees because the SEC said it was illegal for that company to have sold $1.3 billion in XRP sales. Now…
— John E Deaton (@JohnEDeaton1) February 8, 2025
And then there’s David Schwartz, Ripple’s CTO, who chimed in with, “If you go after the king, you might as well not miss.” Wow, talk about a mic drop! 🎤 The XRP community ate that up like it was the last slice of pizza at a party. Stellar’s comment? Yeah, they crossed a line.
Intentions, Anyone?
Now, let’s not kid ourselves. The beef between Stellar and Ripple isn’t exactly new. It’s like a soap opera that just won’t end. But this latest spat? Feels a little more… personal, doesn’t it?
And what about intent? Was that post just a casual throwaway? Or was it a calculated move? 🤔
If you strike at the king, you’d better not miss.
— David “JoelKatz” Schwartz (@JoelKatz) February 9, 2025
Some folks in the XRP camp are saying McCaleb’s past and present are more intertwined than a bad family reunion. They’re looking at the timing, the tone, and the history between these two projects. It’s not just blockchain rivalry; it’s personal! Or at least, that’s how it feels to them. Buckle up, folks! This drama is just getting started! 🍿
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2025-02-09 14:52