XRP ‘Rigged From Day One’? Pro-XRP Lawyer Separates Fact From Fiction

Fresh rumours around XRP have turned heads on social media after old emails from 2014 resurfaced, triggering claims that powerful figures wanted Ripple and XRP “gone” long before the U.S. regulatory crackdown. The latest debate has prompted a detailed response from XRP-supporting attorney Bill Morgan, who issued a warning  in drawing sweeping conclusions.

What the 2014 Email Actually Shows

According to Morgan, the email at the centre of the controversy does suggest that Jeffrey Epstein expressed an interest in harming Ripple and, by extension, XRP and the XRP Ledger in 2014. However, Morgan stressed that the document reflects intent or discussion — not proof of coordinated action.

“The email implicates Epstein in a desire to harm Ripple,” Morgan explained, “but it does not show a sustained or successful campaign carried out over time.”

The Timeline Problem

Morgan highlighted a key issue often missing from online theories: timing. He noted that the U.S. Securities and Exchange Commission’s investigation into Ripple did not begin until between April and June 2018, nearly four years after the email in question.

That period also coincides with former SEC official Bill Hinman’s widely debated speech that signalled Ethereum was not considered a security. Morgan said the gap between 2014 and 2018 is critical and largely unexplained.

Where Gensler Fits — And Where He Doesn’t

Additional emails released publicly show interest from the same circle in Gary Gensler in early May 2018, referencing his political connections and links to what Morgan described as an anti-crypto faction within U.S. Democratic circles.

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However, Morgan pushed back against claims that Gensler was involved earlier through MIT. While Gensler joined MIT in 2018, Morgan said there is no evidence tying him to MIT Media Lab activities or its former director, Joi It,o during the 2014–2018 period.

The Missing Link

“What’s missing,” Morgan said, “is a documented chain of involvement connecting these events over four years.” Aside from Joi Ito’s role at MIT Media Lab, Morgan noted there is no paper trail showing coordination between Epstein, regulators, or exchanges leading up to the SEC case.

Separating Facts From Assumptions

Morgan’s comments come as XRP once again becomes the focus of online narratives during periods of market stress. He said that while historical documents can raise questions, conclusions must be based on verifiable evidence rather than coincidence.