The mysterious co-founder of XRP, Arthur Britto, has publicly shared content for the first time since assisting in the creation of this blockchain-focused company in 2011.
Britto posted on June 23 on X platform for the first time since creating his account in August 2011, sharing only an emoji without a mouth, which typically represents being speechless, but its specific meaning could be interpreted in various ways.
Another co-founder of XRP, David Schwartz, clearly stated on X platform that the message from Britto's account "is not a hacker intrusion or account theft."
Britto, along with Schwartz and Mt. Gox founder Jed McCaleb, created the XRP ledger launched in 2012 and subsequently assisted in the development of the blockchain's token, XRP (XRP).
He also co-founded NewCoin with Schwartz, McCaleb, and Chris Larsen, which later changed its name to OpenCoin and eventually evolved into what is now Ripple Labs. He later transitioned to an advisory role.
Britto is best known in the industry for his "mysterious" presence—there are no verified photos of him, he has never given interviews or made public statements (excluding this emoji post), and he seems to deliberately avoid the public eye.
He is also listed as the founder and president of the blockchain infrastructure company PolySign. Business documents from the cryptocurrency exchange Bitstamp show that Britto served as a director from May 2014 until he stepped down in September 2015.
Britto's name has been mentioned in several U.S. court case documents, including the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs, but these documents only refer to him as a co-creator of XRP.
He also sued McCaleb in California court in 2015, accusing him of violating contract terms by creating Stellar, claiming that Stellar copied Ripple's code.
Britto's mystery has sparked conspiracy theories about whether he truly exists, but several industry insiders have confirmed that he does exist, just preferring to remain low-key.
In a November post on X platform responding to questions about Britto, Schwartz pointed out: "He is an independent individual with his own rights. But he places extreme importance on personal privacy."
The Block reported in 2019 that Ripple's communications team explained that Britto chooses to maintain privacy because management work "can bring immense pressure," and he "is introverted and extremely concerned about personal privacy," not wanting to become a public figure for personal reasons.
As of the time of publication, XRP has risen 8.1% in the past 24 hours, with most of the increase occurring within 14 hours after Britto's post on X platform.
XRP hit a 24-hour low of $1.97 at 5 PM UTC on Monday (one hour after Britto's post) but then climbed to about $2.20.
However, this timing coincided with a general market rebound due to new hopes for a ceasefire agreement in the Israel-Iran conflict.
Related: Reports indicate that the Bank of Korea's governor does not oppose issuing a won-pegged stablecoin.
Original: “Who is Arthur Britto, the Ripple 'ghost' who just broke 14 years of silence?”
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