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XRP's Fort Knox Gold Link: Theory or Conspiracy?

Coin WorldFriday, Feb 28, 2025 7:03 am ET
1min read

Speculation has been swirling around a potential connection between XRP and the gold reserves at Fort Knox. Edoardo Farina, founder of Alpha Lions Academy, proposed a theory suggesting XRP might be linked to U.S. gold holdings. However, there is no verified evidence to support this claim.

Farina suggested that XRP could be associated with the gold stored at Fort Knox, a high-security U.S. Army facility in Kentucky. The vault reportedly holds approximately 147.3 million ounces of gold, valued at around $425 billion.

These assertions arise during talks regarding the possible utilization of XRP in a suggested digital asset reserve under former President Donald Trump. Although the concept has generated discussion, no formal announcements validate any connection between XRP and the U.S. gold reserves.

Farina referred to recent discussions on verifying Fort Knox’s gold holdings. He pointed out that Elon Musk, now leading the Department of Government Efficiency, proposed a live-streamed inspection of the gold vaults. Musk suggested this step would confirm that the gold remains untouched and has not been replaced with other materials.

Farina used this discussion to support his theory, implying a connection between XRP and U.S. gold reserves. However, he did not provide direct proof, and no official sources have linked XRP to Fort Knox.

Farina also pointed to XRP’s early history, noting that its first 32,570 ledgers were erased due to technical issues. He questioned whether this reset concealed deeper details, though Ripple has previously explained it as a standard adjustment.

Farina pointed to early XRP wallets that included “Fort Knox” in their names. One wallet, labeled “X.FortKnox.b,” originally held six billion XRP and was linked to Ripple. Another, called “X.Distributor.1,” once controlled 80% of XRP’s total supply. Between 2013 and 2017, large amounts of XRP moved to wallets named “X.Fort.Knox.2” through “X.Fort.Knox.9.”

He speculated that these wallet names could suggest a connection between XRP and U.S. gold reserves. However, wallet names in cryptocurrency are often arbitrary, and no official records establish any link between these accounts and Fort Knox.

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