XRP community criticizes Jed McCaleb after Stellar jab
The post XRP community criticizes Jed McCaleb after Stellar jab appeared on BitcoinEthereumNews.com.
The XRP community has descended on Stellar’s CEO Jed McCaleb after a subtle jab at the predicament of XRP’s parent company, Ripple. Both communities, which are always at loggerheads, were fired up this weekend after a post by the Build on Stellar (@BuildOnStellar) account. The handle took a slight jab at Ripple in a recent post, referring to the protracted lawsuit between the company and the United States Securities and Exchange Commission (SEC). In the post, the handle indicated that some projects have been spending more money on lawyers than developers in the last few years, calling it progress. While the handle seemed to have made no direct attacks on Ripple, the XRP community did not find it funny, making sure everyone in the crypto community knew it. The community has been hailed as one of the best in the crypto industry, with one-time antagonist Cardano CEO Charles Hoskinson hailing them for their perseverance and belief in the project. He mentioned that they had believed in the project even through the period that the SEC ordered exchanges to delist the token. John E. Deaton calls out McCaleb The XRP community has shown its disdain towards the Stellar dev handle, with most of its members advocating for holders of the token to start dumping them. Others even had bad words for the project, calling it a copycat of XRP. Others noted that despite copying Ripple, XLM has not been able to reach the height that XRP has reached even with the legal issues. While the name-calling and bad words have been going on, pro-XRP legal representative John E. Deaton had words for Jed McCaleb. Deaton represented XRP holders in their class action against the SEC over its treatment of the token. Deaton criticized McCaleb, mentioning that it is ill-conceived that a…
Filed under: News - @ February 9, 2025 2:19 pm