XRP proponent Zach Rector posted a video tweet titled “Addressing Jake Claver Lies Part 1,” outlining his reasons for publicly distancing himself from investor and fintech figure Jake Claver.
Rather than presenting commentary on market conditions, Rector’s post focuses on personal and professional allegations, which he describes as a “necessary response” to a sustained misrepresentation, misconduct, and attempt to leverage his standing within the XRP community.
Rector states that the decision to speak publicly was not made lightly. He positions the video as a defensive clarification intended to resolve confusion created by prior associations and to explain why he no longer maintains any professional alignment with Claver or related business entities.
Addressing Jake Claver lies Part 1 pic.twitter.com/rmVMK3XtUH
— Zach Rector (@ZachRector7) December 31, 2025
Claims of Misrepresentation and Business Pressure
According to Rector, the first issue centers on what he describes as false representations made to him by Jake Claver and Claver’s business partner, Max Avery. He explains that these representations were allegedly used to position him as a promotional conduit for private equity initiatives and for the firm Digital Wealth Partners.
Rector maintains that his credibility within the XRP community was a key factor in these efforts, and that he was approached both to assist in capital formation and to formally join the business.
Rector recounts interactions dating back to industry events in 2023 and collaborative meetings that brought together both communities. While these engagements initially appeared legitimate, he states that subsequent due diligence, supported by legal advisers with securities experience, led him to withdraw before any formal partnership was established.
Concerns Over Fund Performance and Investor Discrepancies
A second focus of Zach Rector’s video relates to performance claims surrounding Digital Wealth Partners funds. He highlights what he describes as inconsistencies between public statements made by Claver and private feedback received from investors.
Rector suggests that these discrepancies raised serious concerns regarding transparency and accuracy, contributing further to his decision to disengage.
Allegations of Community Manipulation and Legal History
The third issue raised involves what Rector characterizes as manipulation of the XRP community through unsupported claims, exaggerated forecasts, and references to insider access and nondisclosure agreements. He argues that such narratives lack substantiation and serve to influence investor behavior without factual grounding.
Rector further references a publicly accessible legal case involving Claver and payment platform VeryVend in the Western District of New York. He points to court filings in which Claver admitted to actions including registering a misleading domain, impersonating company communications, and fabricating wire transfer confirmations related to private equity fundraising efforts. Rector emphasizes that these admissions are part of the official record and were resolved through settlement.
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Rector’s Position Going Forward
Rector concludes by stating that his intention is not to attack supporters, investors, or employees associated with Claver, but to document why he believes transparency is required. He suggests that accountability and factual verification are essential within financial and crypto-adjacent communities, particularly where trust and reputation play a central role.
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 advised to conduct thorough 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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