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SEC Lawsuit: Ripple Allegedly Spread ‘Bitcoin is Controlled by China’ Misinformation

  • A 2018 Ripple internal email rekindles the claims that the company is behind the 'Bitcoin is controlled by China' propaganda.
  • Ripple boss Brad Garlinghouse is reported to have publicly confirmed this claim as the company also stated a similar position in its Wells Notice response to the US Securities and Exchange Commission (SEC) in 2020.
  • Ripple emerges at the centre of another controversy as an intercepted internal email suggests the company was behind the promotion of the 'China controls Bitcoin' propaganda.
  • On multiple occasions, the Ripple boss has called for unity in the industry rather than 'tearing each other down.'

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