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Cryptocurrency News Articles

Gary Cardone Ignites Heated Debate By Accusing XRP Of Siding With Authoritarian Powers

Jun 11, 2025 at 03:30 pm

Financial commentator Gary Cardone ignited a heated debate this week after he accused XRP of siding with authoritarian powers to stay relevant.

Gary Cardone Ignites Heated Debate By Accusing XRP Of Siding With Authoritarian Powers

Financial commentator Gary Cardone has sparked a heated debate after claiming that XRP is "coordinating" with authoritarian powers and the European Central Bank (ECB) to stay relevant in 2025.

The rumors began after the ECB was reportedly considering using the XRP Ledger to launch its upcoming digital euro project. Although no formal decision has been made by the central bank, the speculation alone was enough to generate strong reactions.

“XRP will take any path they need to survive including coordinating with the most oppressive people on planet Earth, one of them pictured below, Ms Cringe, who will do whatever is needed to serve the agenda of the EU and claim it’s an attempt to salvage humanity from Covid-19, which of course began in a lab in Wuhan, China, part of the most oppressive regime on the planet (nice try again).’

“They will do whatever it takes to stay relevant even if it means joining forces with European warmongers to push an agenda that has no place in a world that’s already had enough division and hatred. They will use their platform to spread fear and misinformation, and they will do anything to stay in the spotlight.”

Rumors Of ECB Using XRP Ledger

There has been growing discussion of the ECB potentially launching the digital euro using blockchain technology. Some believe the XRP Ledger is in the running for the central bank to use. However, no statement has been made by the ECB to confirm this.

The central bank hasn’t even committed to launching the digital euro yet. It still needs approval from the European Parliament.

Ripple, the company tied to XRP, has been in talks with central banks in countries like Palau and Georgia. They have already launched pilot programs with Ripple’s help, but that doesn’t necessarily put the ECB next in line.

Despite the lack of official backing, XRP fans are hopeful. Any level of involvement with a central bank brings an element of legitimacy to the altcoin. For some, it’s exciting. For others, it’s a red flag.

Crypto Influencers Slam Cardone’s Claims

Several crypto influencers quickly responded to Cardone’s post. Robert Doyle, known online as Crypto Sensei, said the claims were “factually wrong” and that there’s no proof the ECB chose the XRP Ledger for anything.

“No central bank is “cooperating” with any crypto project to salvage the financial system,” he wrote.

Another well-known voice in the crypto community, Moon Lambo, said Cardone may have fallen for fake news. He went on to suggest that the commentator is pushing an agenda, calling it “XRP Derangement Syndrome.”

Lambo linked to the ECB’s official website, showing that no platform decisions have been made. He went on to warn that careless posts damage credibility and urged Cardone to act with integrity.

Split Over Altcoin’s Role In Global Finance

This debate highlights a broader division within the crypto sphere. Some believe that working with governments and banks demonstrates a crypto project’s usefulness. Others say it’s a betrayal of what crypto was built for—freedom from centralized control.

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Other articles published on Jun 13, 2025