The crypto community is divided after prominent blockchain investigator ZachXBT sharply criticized Ripple and its supporters, calling XRP “exit liquidity for insiders.”
In a recent post on X, ZachXBT dismissed XRP alongside Cardano, Pulsechain, and Hedera as “not worth supporting.” The remarks came after a user inquired about an “XRP Ledger Forensics group” to help trace and freeze stolen funds. Zach responded that filing an IC3 report and tracing through exchanges were the only realistic options, adding that Ripple no longer funds public goods to protect or educate its community.
He claimed that the lack of institutional safeguards adds unnecessary risk for XRP holders and weakens its position as an investment.
However, some suggest personal history might have influenced the comments. Researcher Ripple Van Winkle alleged that Zach once approached Ripple with a proposal to work as an on-chain investigator — a proposal Ripple reportedly declined, believing it could create unnecessary publicity compared to its existing compliance and investigative teams.
XRP reacted to the controversy, slipping 3.7% to $2.88. While some traders see Zach’s remarks as a fair warning about Ripple’s structural challenges, others view them as personal frustration over a failed collaboration.
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