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
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
CryptoPotato1h ago
PI vs. XRP: Which Altcoin Will Win Q2? (2 AIs Make Some Bold Predictions)
Two of the most popular altcoins go into battle in the AI realm to determine which one might enjoy Q2 2026 more than the other.
Both have been quite volatile lately, and the projects behind the tokens have made significant progress on multiple fronts. But which will be the clear winner, at least
CryptoPotato2h ago
XRP’s Key Rotation Feature Suddenly Looks Crucial as Google Confirms Bitcoin Can Be Broken in 9 Minutes
Google just dropped something that shook the entire crypto space. New research shows quantum computers may be far closer to breaking crypto security than anyone expected.
What used to sound like a distant risk has suddenly become urgent. The timeline to crack private keys has collapsed from
CaptainAltcoin2h ago
Retail Investors Abandoned XRP but Ripple Whales Have Stepped Up: Analyst
A very “ideal situation” for XRP has developed over the past few months, claimed a popular market observer, indicating that large whales have become the dominant buying force behind the asset.
Their comments come as the price of Ripple’s cross-border token has struggled over the past seven days, po
CryptoPotato2h ago
