In a bold new claim that’s generating intense discussion in the XRP community, prominent crypto advocate Edo Farina suggests that the Bank for International Settlements (BIS), the International Monetary Fund (IMF), and the U.S. Treasury may already control a substantial portion of Ripple’s escrowed XRP.
According to Farina, these acquisitions were likely secured through confidential agreements dating as far back as 2019. While there is no public evidence to confirm this, the theory has ignited speculation about Ripple’s potential ties to powerful financial institutions.
Ripple Can Legally Sell Escrowed XRP
Farina begins by dispelling a widespread misconception: there is no law prohibiting Ripple from selling its escrowed XRP. The escrow system, introduced in 2017, was designed to bring transparency and predictability to XRP’s circulating supply by locking up 55 billion XRP and releasing 1 billion each month.
There’s absolutely no law preventing @Ripple from selling their escrowed $XRP.
I’m firmly convinced that the BIS, IMF, and U.S. Treasury have already acquired a substantial portion of escrowed $XRP, with the terms of the agreements established as far back as 2019.
The SEC… pic.twitter.com/jG3q2FXL46
— EDO FARINA 🅧 XRP (@edward_farina) June 27, 2025
However, this is a voluntary mechanism, not a legal obligation. Ripple retains full authority to sell, allocate, or enter into private agreements involving this XRP, provided transactions are conducted following securities laws and other applicable regulations.
The Transparency Illusion: What the Ledger Shows vs. What It Doesn’t
The XRP Ledger is fully transparent, allowing anyone to track the total supply, account balances, and monthly escrow releases. But as Farina points out, what the public can’t see is the nature of any behind-the-scenes deals.
If Ripple entered into private agreements with institutions like the BIS, IMF, or U.S. Treasury, especially under non-disclosure agreements, the actual beneficiaries of the escrowed XRP may remain unknown. This creates a gap between what is verifiable on-chain and what may be unfolding in closed-door arrangements.
SEC Lawsuit and Institutional Deals May Have Overlapped
Farina further speculates that these confidential acquisitions may have occurred around 2019, a time when Ripple was strengthening relationships with global financial authorities. Notably, this is also the period leading up to the U.S. Securities and Exchange Commission (SEC)’s lawsuit against Ripple in December 2020.
Farina hints that the lawsuit may have coincided with, or even helped divert attention from, the discreet accumulation of XRP by major institutions. While speculative, the theory adds a new layer to an already complex legal saga.
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Ripple’s Global Financial Ties Add Credence
Ripple’s extensive involvement in the international financial system gives Farina’s theory some contextual weight. The company has worked with over 40 central banks and launched pilot programs for central bank digital currencies (CBDCs) in nations like Palau and Montenegro.
It is also a founding member of the Digital Pound Foundation and has collaborated with global regulators. These relationships suggest that Ripple’s strategic assets, especially its escrowed XRP, may be more deeply embedded in the future of finance than many realize.
Ownership of Escrowed XRP Still Unclear
Despite the transparency of the XRP Ledger, the true ownership of Ripple’s escrowed XRP remains uncertain. Farina’s assertion that global financial bodies may already own a significant portion is impossible to confirm, but it raises important questions.
In a financial system increasingly shaped by private-public collaboration, what happens off-chain could be just as consequential as what is recorded on it.
Edo Farina’s claims are speculative but provocative, adding fuel to ongoing debates about Ripple’s role in the evolving global monetary system. Whether or not his suspicions are eventually proven, they underscore the mystery surrounding the true fate of Ripple’s escrowed XRP.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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