On February 13, news broke that an old tweet from 2020 was recently rediscovered in the crypto community. Michael J. Casey, then an executive at CoinDesk and now Chairman of DAIS Global, once commented “Game Over” on a platform suspending XRP trading after U.S. regulators sued Ripple. At the time, this phrase was seen as a final judgment on XRP’s fate and deepened market concerns about its prospects in the U.S.
However, the reality did not unfold as predicted. In mid-2023, a U.S. federal court ruled that XRP circulating in the secondary market does not qualify as a security. This ruling marked a turning point, and subsequently, several major U.S. exchanges restored XRP trading. Since then, XRP has gradually emerged from regulatory shadows and re-entered the mainstream market.
Recently, XRP analysis account Digital Asset Investor reposted the “Game Over” comment, sparking heated discussion. Some supporters believe that XRP’s experience is not just a market cycle but the result of a complex interplay between regulation and industry power struggles.
Meanwhile, old emails related to Jeffrey Epstein have resurfaced, mentioning a person named “Michael Casey,” prompting some community members to speculate. Although the email content does not directly involve XRP, the coinciding timing has intensified controversy.
In response, several XRP community leaders have shared their views. Brad Kimes described this as a microcosm of “systemic suppression,” while YouTuber Zach Rector sees it as an extension of early crypto industry power struggles. Ripple’s Chief Technology Officer David Schwartz also responded, denying any organized conspiracy but acknowledging that fierce competition and irrational conflicts did exist in the early industry.
From being considered a “final chapter” to re-entering mainstream trading markets, XRP’s journey is seen by many investors as a testament to the resilience of the crypto industry. Regardless of how the controversy evolves, this asset has proven over time that it is far from “out.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Yesterday, the U.S. XRP spot ETF saw a total net inflow of $64.6k in a single day
As of April 2, the U.S. XRP spot ETF had a total net inflow of $646,000 in a single day, with the Bitwise XRP ETF seeing a net inflow of $1.3138 million, for total net inflows reaching $378 million. The Canary XRP ETF had a net outflow of $1.2492 million in a single day, with total net inflows reaching $420 million. The total assets net asset value of the XRP spot ETF is $917 million.
GateNews34m ago
Analyst: XRP Could Hit $27 by 2027
A crypto analyst has laid out a multi-scenario XRP price forecast stretching to 2027, using a method that averages Fibonacci extension levels across past market cycles to identify where price, time, and chart structure converge.
The analysis places an $8 price target as its conservative case for
CryptoPotato2h ago
Important Binance Update Concerning Ripple (XRP) and Other Altcoin Traders: Details
The world’s leading cryptocurrency exchange is set to delist certain trading pairs this week.
Some of the digital assets that will be affected by the initiative include Ripple (XRP), Bitcoin Cash (BCH), and Avalanche (AVAX).
The Upcoming Amendment
----------------------
Binance will remove the
CryptoPotato3h ago
Ripple (XRP) Price Jumps 8%, New Crypto Project PlayNance (GCoin) Locks 250M Tokens Within Hours
XRP’s price has increased by more than 8% over the past week, pushing above the pivotal $1.5 level.
Ripple’s native cryptocurrency is also a leading performer for the past 24 hours, up by 2.8% – the most out of the top 10 coins by means of total market capitalization.
Source: TradingView
It’s w
CryptoPotato4h ago
XRP Could Struggle in 2026 — Why Some Holders Are Quietly Switching to Bitcoin Everlight Shards
The SEC lawsuit against Ripple that was compressing XRP sentiment for many years has finally concluded a few months back. Exchanges that had previously delisted the cryptocurrency are now back offering it. And yet, the token has spent the first few months of this year trading sideways, while the b
CryptoPotato6h ago
