Overview

• ZachXBT said XRP holders provide no industry value and serve as exit liquidity for insiders, grouping Cardano, Pulsechain and Hedera in the same category.
• He stated he will not help XRP users trace stolen funds and said he would mock anyone who direct-messaged him for assistance, advising victims to file IC3 reports and trace flows to exchanges.
• He accused the Ripple Foundation of being cheap and no longer funding public goods that guide or protect users, contrasting its approach with other chains.
• The investigator and multiple outlets highlighted large transfers tied to co-founder Chris Larsen, including roughly $175 million moved to exchanges, which commentators linked to suspected insider selling.
• Coverage notes XRP’s price has held up since the SEC overhang eased and on speculation about products such as potential spot ETFs, leaving the community divided over reputational risk versus market strength.