• US Federal Reserve Chair Jerome Powell has been accused of having a connection with Ripple Labs due to an alleged conversation between him and Congressman Wiley Nickel.
• The conversation revolved around a Grateful Dead concert and triggered rumors of Powell’s involvement in the Ripple establishment.
• A 2018 video by Ripple executive Chris Larsen concerning the creation of the company has also surfaced online in connection with Powell’s statement.
Alleged Conversation Between Fed Chair and US Congressman Triggers Rumors
An interesting rumor circulating on Twitter has raised eyebrows as US Federal Reserve Chair Jerome Powell has been accused of having a connection with Ripple Labs. It all started when a Twitter user identified as @NFAdotcrypto shared an alleged conversation between Powell and Congressman Wiley Nickel before the US Congress this week. According to the post, Nickel asked Powell how he liked a concert performed by the Grateful Dead. With this, Powell replied that he has been a dead fan of Grateful Dead for the past 50 years.
Ripple’s Connection To The Grateful Dead
Was there a subtle nod to @ripple at yesterday’s press conference or just a coincidence? 🤔 1. Jerome Powell says he’s been a “Grateful Dead fan for 50 years.” 2. Congressman Wiley Nickel responds, “I’ve found one universal truth — I like people who like the Grateful Dead” 3. pic.twitter.com/pv9LTUruMt —NotFinancialAdvice.Crypto (@NFAdotcrypto) June 22, 2023 Interestingly, a section of the crypto community has linked this conversation to a 2018 video interview by the founder and current executive chairman of Ripple Chris Larsen. Speaking on how Ripple got started, Larsen disclosed that they were lucky to get the URL from