Philion said a venture capital advisor dismissed XRP as having no value, while his comments resurfaced after social media posts by Ran Neuner and crypto trader Scott Melker mocked XRP.
Flare founder Hugo Philion said a venture capital advisor once told him XRP was "worth nothing," but he remained committed to bringing DeFi (decentralized finance for blockchain-based financial services) to XRP. His remarks reappeared after social media comments from Ran Neuner and crypto trader Scott Melker jokingly criticized XRP. The source provides a quote attributed to Philion and notes the context of the renewed attention, but does not include further details on timing, platform mechanics, or any market impact.