Major Lawsuit Rocks the XRP Community: $30 Million Defamation Case Filed
Date: January 15, 2026
Category: Cryptocurrency Legal Developments
A significant legal battle has emerged in the XRP ecosystem as crypto entrepreneur Jake Claver has filed a federal lawsuit seeking $30 million in damages against prominent blockchain influencer Zach Rector. The case was filed in the U.S. District Court for the Western District of Washington and centers on allegations of defamation and reputational harm. ๏ฟฝ
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๐ Background of the Dispute
According to the court complaint, Claver alleges that Rector ran a coordinated online campaign โ including a popular video series in December 2025 โ that falsely accused Claver of fraud and misleading investors in connection with his involvement in the XRP community and associated ventures. Claver claims these statements were not only untrue but deliberately harmful to his business reputation and standing within the broader crypto market. ๏ฟฝ
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โ๏ธ Lawsuit Details
Plaintiff: Jake Claver, crypto entrepreneur
Defendant: Zach Rector (through Entrepreneur Exposed LLC)
Claims: Defamation, tortious interference, breach of contract
Filed in: Western District of Washington federal court
Damages sought: $30,000,000
The complaint purports that Rectorโs videos misrepresented the outcome of an earlier lawsuit involving Claverโs Digital Ascension Group, suggesting ongoing fraud despite there being no legal finding of such misconduct. ๏ฟฝ
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๐ Community & Market Reaction
Although XRP itself has shown resilience in price and trading activity amid legal and regulatory swings, news of high-profile lawsuits often ignites short-term volatility in the market. Traders and holders are closely watching sentiment shifts, especially given XRPโs past legal challenges, including its long-running case with the U.S. Securities and Exchange Commission (SEC), which concluded in 2025. ๏ฟฝ
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