The crypto community is in an uproar! ZachXBT fiercely criticizes XRP holders and faces backlash: Is it stemming from a personal grudge due to Ripple's refusal to hire?

On August 28, cryptocurrency investigator ZachXBT made heated remarks about the XRP community on social media, accusing its holders of being merely “exit liquidity” for Ripple insiders. However, a cryptocurrency researcher immediately retaliated, claiming that this attack was not simply industry criticism but stemmed from a personal grudge after Ripple had previously refused to hire ZachXBT. This quickly sparked controversy and polarized discussions within the crypto community.

Origin of Controversy: From Help Posts to Full-scale Attack

The incident originated from a user named Miguel Morales seeking help on X (formerly Twitter), stating that his Trust wallet was hacked and over $33,000 in assets were stolen while attempting to participate in the “XRP Midnight Claim.”

ZachXBT not only refused to assist in his response but also openly stated: “I will not help the XRP community at the moment, and I will publicly mock any similar requests for help.”

He further stated: “Ripple holders have no value to the industry, they are just the liquidity exit for insiders.”

ZachXBT also placed XRP alongside projects like Cardano, Pulsechain, and Hedera, stating that these communities are also not worth supporting, and categorized them as chains similar to multi-level marketing (MLM) structures.

Counterattack Voice: Researchers Reveal the Inside Story of ‘Refusal to Hire Grievances’

Cryptocurrency researcher Ripple Van Winkle posted on X, directly pointing out that ZachXBT’s criticism is not based on objective analysis, but rather because Ripple had previously refused to hire him as an internal investigator.

It is said that ZachXBT has self-recommended as someone who can “clean up the house,” responsible for tracking stolen funds, detecting vulnerabilities, and improving the image of Ripple, even privately telling people that Ripple “is lucky to have him.”

However, Ripple’s executives are reportedly confident in the existing compliance and investigation teams, and are concerned that hiring ZachXBT would “create more headlines rather than solutions.” Ultimately, Ripple declined his addition.

Researchers allege that the refusal to hire led ZachXBT to harbor resentment towards Ripple, and in every subsequent collaboration announcement or XRP price increase, he would belittle it as “insider trading.”

“His followers may not know that his anger does not stem from ‘withdrawing liquidity’, but rather from Ripple not allowing him to join.”

Community Response: Polarized Public Opinion War

ZachXBT’s remarks have sparked intense discussions in the encryption community:

Supporters: believe that his criticism of XRP is well-founded and appreciate his long-standing position on exposing MLM-type chains.

Opponents: question their motives, believing this is a revenge act stemming from personal emotions, lacking professional neutrality.

As of now, ZachXBT has not responded to the allegations against Ripple Van Winkle.

Conclusion

The “XRP liquidity exit” controversy has evolved from a user assistance incident into a questioning of the motivations of a well-known investigator in the encryption circle. Regardless of the truth, the incident has sparked deep divisions within the community and has once again highlighted the complexity of the intertwining of personal brands, community sentiment, and commercial interests in the encryption industry. In the future, whether ZachXBT will respond to this “personal grievance” accusation will become a focal point of observation.

XRP-1,92%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)