Vincent Van Code has a question for XRP skeptics. The prominent software engineer and XRP enthusiast challenged those who continue to call XRP a scam, asking whether they still hold that posi
Vincent Van Code has a question for XRP skeptics. The prominent software engineer and XRP enthusiast challenged those who continue to call XRP a scam, asking whether they still hold that position in light of recent events.
He then pushed further, questioning whether those same critics believe the SEC, CFTC, the President, and the Senate are also part of the alleged scheme. The post came in direct response to Ripple CEO Brad Garlinghouse’s account of the August 19 White House crypto summit.
The Summit That Changed the Conversation
The August 19 summit brought together President Trump, SEC Chair Paul Atkins, CFTC Chair Michael Selig, and the leaders of America’s largest crypto and financial institutions. Garlinghouse attended as a representative of Ripple and XRP.
The President called on Congress to pass the CLARITY Act, framing it as critical to keeping the U.S. ahead of global competitors. SEC Chair Atkins put forward a new crypto fundraising proposal featuring a $75 million annual exemption for digital asset raises. The Treasury had published its stablecoin framework just the day before.
Ripple also now sits on the CFTC’s newly formed Innovation Advisory Committee, alongside Coinbase, Chainlink, and Gemini. That committee held its first public meeting the same day, covering crypto regulation, prediction markets, and artificial intelligence.
XRP’s Place in the Regulatory Architecture
XRP spent years under legal pressure. Ripple’s battle with the SEC defined much of the asset’s history in the last decade. The regulatory environment that Van Code now cites as evidence of legitimacy is one that Ripple had to fight to reach. The company’s inclusion in both the summit and the advisory committee signals a different relationship between Ripple and U.S. regulators.
67 million Americans currently hold crypto. That figure, cited by Garlinghouse, represents nearly 1 in 4 citizens. Van Code’s post reflects the sentiment of a community that sees this level of institutional engagement as a direct answer to years of skepticism.
Despite Van Code’s firm stance, many in the community were still critical. One commenter stated that everyone is in on the supposed scam, tagging them as delusional. Another commenter called them grifters, pushing the same idea that it is a coordinated plan.
However, the post received some support from the community, and many will look at XRP’s trajectory as the market gains clarity as proof that the scam narrative is false.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
The post Software Engineer to the People Who Say XRP Is a Scam appeared first on Times Tabloid.