Building A Fraud Case Against Ripple

Ripple Labs is fighting a legal battle to prevent XRP being labeled as a security, trying to dodge the long arm of securities law. If it were to fail, Ripple would become a poster child for securities fraud class action lawsuits. However, lawyers could get Ripple’s ass served to them even without resorting to securities […]

Ripple’s Public Relations Tricks

XRP, the coin that Ripple Labs created and then gave to itself (and its founders), posted spectacular returns in 2017, going from $0.006 to over $2. The coin rose in parallel with an aggressive PR campaign from Ripple Labs. Let’s see what were the claims that they made throughout the year, and compare them to […]

Ripple’s Nostro / Vostro Trick

Ripple claims that banks will use its technology to perform fast cross-border transfers. When that comes, they will need to buy XRP coins, and that’s why XRP coins are valuable. In reality, Ripple doesn’t stand a chance, and it must know it. It’s argument that XRP coins are worth anything at all, is a flat-out […]

David Schwartz: Ripple’s Odd Chief Swindler

In September last year, shortly after David Schwartz became Ripple Labs’ CTO, Forbes ran a flattering piece about him, titled “Ripple’s Trillion-Dollar Man”. A transparent attempt at promoting Ripple, XRP, and David Schwartz himself, this article gave un a rare insight into David’s story, and involvement in Ripple.