Crypto Wars: The NYT and Ripple’s Battle of Lies & Laughs 😂🚀

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In a twist fit for the pages of idealism and cynicism alike, Ripple’s grand maestro, Brad Garlinghouse, took a swipe at the venerable New York Times, accusing it of peddling stories as crooked as a crypto whale’s grin. Apparently, the paper has mastered the art of recycling dread tales about the crypto industry, all while sipping from the fountain of “biased and misleading.” Who knew, right? 🧐

On the social battlefield-X, formerly known as Twitter-Garlinghouse declared their latest opus “another crypto hit piece,” a poetic way of saying the paper’s been playing fast and loose with facts. He argued that the Times continues regurgitating the same tired narrative, ignoring the court’s wisdom that, unlike their articles, actually matters. According to him, the paper prefers half-truths and omissions-like a chef leaving out the main ingredients-to paint what he calls an “illegal War on Crypto,” waged before Biden’s time, and perhaps still going, with more flair and less integrity. 🎭

“False and Failed Narrative” – the New York Times’ Greatest Hit

Garlinghouse didn’t hold back. He threw in the court judges, who, in their infinite patience, told the SEC they failed to stay loyal to the law-an echo of wisdom lost in the Times’ endless pages. Magistrate Judge Sarah Netburn even called out the SEC’s leadership for being faithless, capricious, and, at times, downright false-quite the compliment, if you’re into courtroom drama. 📜

Maybe the Times missed those headlines because during Biden’s reign, the SEC’s crypto crusade-almost like a political reality show-was front and center, even targeting Ripple itself. But, Garlinghouse notes, the paper prefers to promote a “false and failed narrative,” as if this were some sort of literary satire. His words: “This is not journalism.” 💥

All this drama erupted after a NYT report claimed that since Trump’s triumphant return, the SEC has slowed down on crypto cases-dismissing, pausing, dismissing again-as if it were a game of regulatory musical chairs. Ripple, linked tangentially or directly to Trump’s orbit, had sought to reduce a colossal $125 million penalty to a mere $50 million; a move the courts refused to entertain, much like a bad joke that refuses to land. 🎭

“Crypto Dementia” – the NYT’s Latest Headline in Psychological Warfare

Adding fuel to the fire, Alex Thorn of Galaxy Digital labeled the Times’ coverage “Crypto Dementia,” a diagnosis for the newspaper’s fixation on portraying Biden’s crypto crackdown as normal-despite the chaos. Thorn argued it’s all a game of “Gell-Mann Amnesia,” where the paper conveniently forgets its own lapses when it comes to crypto reality, pushing the narrative as if the industry’s chaos was all Trump’s fault. Because, why not? 🧠🚀

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2025-12-16 16:20