Ripple CTO Claims XRP Buyback Program Is a Scam

The ludicrous XRP buyback theory recently became a hot topic within the community once again following Vallee's interview with Clever Hummingbird.XRP influencers such as Crypto Eri strongly criticized the too-good-to-be-true sham deal.

Moreover, attorney John E. Deaton, who was mentioned in the proposed terms as allegedly receiving payment for his role in the US Securities and Exchange Commission's case against Ripple, has made it clear that he has no involvement with Vallee's XRP buyback proposal. Deaton has stressed he will not accept money for his efforts in the Ripple and LBRY cases and has stated that his efforts will continue to be pro bono unless he files an appearance as a defense counsel representing a company being sued by the SEC.

In light of these developments, it is important for investors to be cautious and critically evaluate all investment opportunities, especially those that promise high returns with low risk. The XRP buyback proposal is the latest example of a blatant crypto scam.

Stay away this scam project.

JoelKatz Yet many XRPLCommunity believe this delusional buyback proposal day by day, until today. 🤷🤣🤭..

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