Altcoins News
By Julie Binoche
1 / 15
Crypto commentator Jungle Inc dropped a bombshell February 10. The leaked Ripple emails from 2016 show how hard the company pushed to get banks using XRP as a bridge currency for…
2 / 15
The documents paint a picture of aggressive corporate strategy mixed with uncertainty about regulatory hurdles that would later plague the company.
3 / 15
The leaked correspondence reveals internal discussions about a proposed meeting with representatives from what the emails describe as a "top-tier European bank.
4 / 15
Legal troubles were already brewing in 2016, even before the SEC lawsuit that's still dragging on today.
5 / 15
Ripple hasn't said whether these emails are real or fake, which is telling given how much detail they contain about the company's early institutional strategy.
6 / 15
The emails also mention Bank of America discussions that went nowhere publicly. Ripple executives pushed hard to show how XRP could streamline international payments, cutting…
7 / 15
Chris Larsen, Ripple's co-founder, comes across as particularly bullish about Asian markets in the leaked messages.
8 / 15
Competition worried Ripple executives back then. The emails show they were tracking Bitcoin and Ethereum closely, trying to figure out how to position XRP differently in a…
9 / 15
MoneyGram talks started way earlier than most people realize. The emails reference 2016 discussions about tapping into the remittance market, even though the actual partnership…
10 / 15
SWIFT came up in the leaked documents too. Ripple executives explored whether XRP could work alongside the global banking payments network instead of trying to replace it entirely.
11 / 15
Brad Garlinghouse, now Ripple's CEO, was already worrying about regulatory impact on XRP's price back in 2016.
12 / 15
The company set ambitious targets for itself. By end of 2017, Ripple wanted at least 20 financial institutions actively using XRP for cross-border transactions.
13 / 15
Reached for comment about the leaked emails, Ripple's representatives didn't respond. The silence leaves plenty of questions about whether the company's current institutional…
14 / 15
The crypto community's watching closely to see what comes next. These emails remind everyone how complex it gets when innovation runs headfirst into regulation, especially in an…
15 / 15
Market analysts are digging through every detail in these leaked documents, looking for clues about Ripple's next moves.
The Currency Analytics
Want the full story?