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06/17 17:56

XRP Warning: Alleged Insider Says Ripple Could Fac

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XRP Warning: Alleged Insider Says Ripple Could Face Second Regulatory Assault Very Soon A figure known in XRP circles as Lord Belgrave, who claims to be a City of London banker with direct ties to Ripple and the XRP ecosystem over the past decade, had previously posted a statement that is circulating again. It is raising an uncomfortable question: could Ripple face another round of regulatory assault? What He Claims to Have Witnessed Lord Belgrave says he attended a strategy meeting in 2018 involving representatives from several large American banking institutions where Ripple and the XRP Ledger were explicitly discussed. According to his account, the banks understood the technology’s potential to compress settlement times and reduce the need for pre-funded liquidity well before the public conversation had even begun. The concern inside that meeting, he claims, was not the technology itself but the speed at which an external infrastructure provider could begin influencing core payment rails that incumbent institutions depend on. The most striking part of his account concerns what was allegedly discussed as a response strategy. “One section discussed regulatory pressure and market narrative as tools that could be used if and when Ripple’s influence reached a certain threshold,” he wrote. “The view was that if the technology became too disruptive too quickly, institutions would lean on regulatory channels to slow it down.” He was careful to note this is not unusual in banking. Incumbent systems defend themselves. It is, he said, simply h

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ow large financial networks evolve.

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