Ripple Legal Team Sends Blockspace Letter Renouncing Claims That They Would Ever Invest In Swan

A leaked memo shared with the Bugle showcased that Ripple was strongly upset by the suggestion made by Blockspace Media that they would have ever considered investing in Swan. A portion of the memo read, “Cory calls us shitcoiners and goes on moral crusades on twitter instead of focusing on running a profitable company. We would never consider investing in that.” 

Blockspace is in the process of working a retraction after publishing an article with New York Times Publishing standards that lacked coherency beyond an offensive headline. Once again, Cory’s day appears to have been DDoS’d by offensive “Antiswanitism” on twitter. 

Antiswanitism is a term that was developed to describe the confusing vitriol directed towards to the company on social media platforms. Groups like the Antidefimation League and the Southern Poverty Law Center have been closely monitoring and trying to understand the hatred for the media company/Bitcoin exchange, likening it to unhinged antisemitism propagated by individuals like Kanye West. 

In the realm of Bitcoin podcasting and twitter spaces, Swan has played the role that Jews play in traditional media. Before having to lay off a good portion of their podcasting force last year, they created some of the highest quality, yet highest cringe podcasts. 

“If you want good Hollywood movies, you need the jews. If you want good  twitter spaces and podcasts, you need Swan employees,” Richard Greaser commented on Twitter in response to the pending chaos. 

While Blockspace has appeared to be taking the responsible approach in working to issue a retraction, it brings up the reality which is the danger of using salacious and misleading headlines. While having contributed likely zero actual damage to Swan or Ripple, as everyone already for the most part had their minds made up, there is the reality which is that company resources were wasted on both sides trying to manage social media damage control today. 

“Many mean tweets were sent, many baseless conspiracy theories were dubunked,” A Ripple spokesman told the Bugle.