Ripple Lawsuit Drama: XRP Prices Drop After Latest Comments

  • FOX journalist Charles Gasparino said that the XRP Army does not exist. 

  • The journalist also believes that the SEC could pursue an overturn of Judge Torres’ decision in the XRP case.

  • XRP has crashed by a massive 6% in the past 24 hours and trades at $2.

Fox Business journalist Charles Gasparino has once again sparked controversy within the XRP community. His recent comments on the XRP “army” have angered investors and led to a drop in the cryptocurrency’s price.

On Sunday, Gasparino took to X (formerly Twitter) to dismiss the idea of an XRP army. He argued that it is simply early investors and insiders who want to see the altcoin’s price rise. XRP holders quickly fired back, accusing the journalist of bias and misrepresenting their community.

Gasparino Defends His Reporting

In response to the backlash, Gasparino defended his reporting on XRP. He pointed out that his past interviews have actually benefited the XRP community. For instance, during an interview with Gasparino, former CFTC Chair Chris Giancarlo predicted that the SEC would drop its lawsuit against Ripple once President-elect Trump took office. Gasparino has also been critical of the SEC’s …

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