Ex-Ripple Director Says U.S. Federal Government Is Suppressing XRP Price, Proposes Solution

DATE:

MARCH 1, 2024

The former director accuses the U.S. federal government of suppressing XRP price as he encourages crypto fans to vote for Attorney Deaton in the upcoming Senate election.

For years, there have been a series of debates regarding whether the price of XRP is being suppressed. With several community members believing that XRP’s price has been suppressed for years, some people blamed Ripple for this suppression.

Experts like pro-XRP YouTuber Jerry Hall claimed that Ripple’s monthly XRP sales are responsible for the price suppression. It bears mentioning that Ripple sells hundreds of millions of XRP monthly to finance its operations.

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