As the cryptocurrency market attempts to recover from its recent downturn, investors’ attention has turned to a viral screenshot that allegedly captures a conversation between two Ripple insiders.
The image, displayed as a WhatsApp screenshot, shows an anonymous participant claiming inside information about the Ripple and Flair ecosystems. Specifically, the message claims that Ripple insiders are secretly accumulating information. FLRseek strategic control over flares and intentionally suppress them. FLRPrice to earn leverage.
Meanwhile, Flare CEO Hugo Philion debunked the WhatsApp conversation and said the screenshots were “obviously nonsense”.
Important points
Hugo Filion has publicly denied as “nonsense” a viral WhatsApp conversation alleging insider manipulation.
The claim lacks verifiable identity, evidence, and supporting documentation.
Several community members echo Fillion’s assessment.
Flare positions itself as a core DeFi layer. XRPFXRP adoption has exceeded 89 million tokens.
Just a few “wild conspiracies”
As the screenshot continued to trend, Fillion was quick to react and dismiss the claims. He stressed that the screenshot is “obviously nonsense” and part of an “outrageous conspiracy” circulating in the crypto community.
Similarly, some commentators dismissed the WhatsApp conversation, with some suggesting it was staged to generate engagement.
Viral WhatsApp conversations
flare excellence XRP community
Launched in 2022, Flare has steadily gained traction across the broader cryptocurrency ecosystem. Developers have built a network that extends smart contract and decentralized finance capabilities to assets such as: XRPthere is no native programmability.
Flare is the most prominent among them. XRP In the community, mainly due to the FAsset initiative, the network operates independently and is not controlled by Ripple.
Flare, on the other hand, positions itself as a core DeFi layer. XRP. Wrapped assets FXRP minted by lock XRP The circulating supply of tokens in Flare’s vaults stands at 89.03 million, worth approximately $170.98 million at current prices.
Filion emphasized that retail participants are driving this growth, noting that institutional investors have not yet entered the market. Given the growing adoption of FXRP, the asset is gradually evolving from a simple digital token to a yield-bearing financial product, he added.
