David Schwartz debunks conspiracy claims that XRP is tied to a covert U.S. government deal

David Schwartz, Ripple’s former chief technology officer, publicly rejected claims that XRP is part of a covert U.S. government agreement, characterizing the accusations as conspiracy theories in his response to the renewed speculation ^{[1] [2]}.

The rumours — including suggestions of undercover government connections and a so‑called ‘secret plan’ tied to XRP — circulated across crypto channels and media, prompting immediate pushback from Schwartz and coverage noting the lack of substantiated evidence behind the claims ^{[3] [4]}.

Reporting on the episode contains no documented proof of a government‑XRP deal; Schwartz’s public rebuttal was presented as an effort to quash the hype while XRP discourse continues to draw attention ^{[2] [1] [3]}.