Schwartz denies Epstein links to XRP or Ripple

Ripple's CTO Emeritus David Schwartz has stated he knows of no connections between Jeffrey Epstein and XRP or Ripple. He warns of a 'giant iceberg' amid revived early disputes in the crypto sector. These issues highlight ongoing structural weaknesses affecting trust and governance.

David Schwartz, Ripple's CTO Emeritus, addressed recent speculations regarding Jeffrey Epstein's potential involvement with XRP or Ripple, firmly stating that he knows of no such links. In a statement covered by Bitcoin News, Schwartz emphasized the absence of any behind-the-scenes ties to the financier, whose associations have long cast shadows over various industries.

The remarks come as Ripple confronts unresolved fault lines in the cryptocurrency space. Schwartz warned of a 'giant iceberg,' suggesting that early disputes, including those revived around Epstein's purported role, reveal deeper structural weaknesses. These persist in influencing trust, governance, and overall industry cohesion.

Published on February 1, 2026, the comments underscore ongoing challenges for Ripple, a key player in blockchain technology. While Schwartz's denial aims to clarify rumors, the broader implications point to lingering vulnerabilities in the crypto ecosystem that could impact investor confidence and regulatory scrutiny.

No specific details on the 'iceberg' were elaborated, but the warning highlights the need for transparency in resolving historical controversies.

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Dramatic illustration of Epstein files scrutiny on politicians, showing documents, Ghislaine Maxwell in deposition, Howard Lutnick, lawmakers reviewing papers, and New Hampshire political ties.
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Epstein files trigger scrutiny of politicians and officials

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Recent releases of Jeffrey Epstein files have intensified political fallout, with Ghislaine Maxwell appealing for clemency during a House deposition and Commerce Secretary Howard Lutnick confirming a 2012 visit to Epstein's island. Lawmakers reviewed unredacted documents, highlighting excessive redactions and victim privacy breaches. In New Hampshire, ties to inventor Dean Kamen, linked to Epstein, have drawn attacks on candidates from the Shaheen and Sununu families.

Newly surfaced emails from Jeffrey Epstein's files from 2018 mention potential discussions about cryptocurrency with Gary Gensler, before he became SEC Chair. The documents suggest Epstein planned to speak with Gensler, who was then a professor at MIT, but no evidence confirms any meeting occurred. The revelations also highlight Epstein's investments in early crypto projects like Coinbase.

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Ripple's Chief Legal Officer Stuart Alderoty has criticized The New York Times for its bias against cryptocurrency. In his role as president of the National Cryptocurrency Association, Alderoty says he wrote to the outlet regarding a report that described crypto as useless.

American billionaire Les Wexner, founder of L Brands, testified Wednesday before a House committee on his decades-long ties with Jeffrey Epstein. Aged 88, he claimed to have been 'duped' by the sex offender and unaware of his crimes. The closed-door hearing aims to clarify the network that enabled Epstein's actions.

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Crypto payments firm Ripple has announced plans to make funding for XRP Ledger development more decentralized. The company introduced a new FinTech Builder Programme to support startups and expand funding channels beyond its own initiatives. This move aims to foster a healthier ecosystem amid efforts to reduce perceptions of centralized control.

A sharp decline in cryptocurrency prices has spotlighted Donald Trump's increasing involvement in the sector. Bitcoin dropped to 2021 levels, while Trump-linked meme coins suffered even greater losses. Questions about transparency in the Trump family's crypto dealings have intensified amid the turmoil.

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The U.S. Department of Justice has unveiled its final batch of documents related to Jeffrey Epstein, totaling around 3.5 million pages. These files, released under the Epstein Files Transparency Act of November 19, 2025, highlight connections between the convicted sex offender and prominent Silicon Valley figures. Billionaire Peter Thiel appears more than 2,200 times in the latest release.

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