- Ripple lawyer Bill Morgan has firmly denied social media rumors that the U.S. government plans to seize XRP escrow reserves for national use.
- Despite speculation linking XRP to the Federal Reserve’s payment systems and Trump’s proposed Strategic Bitcoin Reserve, there is no official evidence supporting government action toward Ripple’s XRP holdings.
Fresh rumors swirling across social media platforms claim that the United States government is considering seizing Ripple’s XRP escrow reserves for use in national financial reserves. The speculation gained traction among crypto circles this week, prompting a swift response from Ripple’s legal team.
Bill Morgan, a lawyer closely associated with Ripple and an active voice in the XRP community, firmly rejected these claims. In a clear statement shared on X, Morgan stated, “No, it won’t,” directly shutting down the idea that the U.S. government might seize XRP reserves.
Also read: Michael Saylor’s Matrix Tweet Sparks Debate as Bitcoin Dips From $106K, Big Wallets Keep Buying
The rumors began after a string of tweets from influencers such as John Squire and Pumpius, who discussed the possibility of XRP being integrated into the U.S. reserve strategy. Although far-fetched, Pumpius pointed out that once-unlikely developments—like the approval of Bitcoin ETFs—have come to fruition, leaving room for speculation.
Fueling further debate, Ripple recently released 1 billion XRP from escrow through three separate events—500 million, 300 million, and 200 million XRP—worth more than $2.2 billion at current market prices. While these releases follow Ripple’s long-standing monthly schedule, they coincided with rising speculation about U.S. intentions toward crypto assets.
Adding to the buzz, some online commentators linked XRP to the Federal Reserve’s FedNow payment system, claiming the token is actively used in transactions. However, no official communication supports this claim. Although Ripple partner Volante Technologies is involved in FedNow’s pilot program, this does not confirm Ripple use by the central bank.
Political factors have further amplified the conversation. U.S. President Donald Trump recently announced plans to establish a Strategic Bitcoin Reserve and suggested adding select altcoins—such as XRP, Solana (SOL), and Cardano (ADA)—to the initiative. The looming conclusion of the SEC vs. Ripple lawsuit has only intensified market chatter.
Despite the mounting rumors, no concrete evidence supports the notion that the U.S. government plans to seize Ripple’s escrow. Legal experts have reiterated that such action is not underway, calming market nerves for now.