Edoardo Farina, founder of Alpha Lions Academy, has made bold speculations about potential XRP ties to U.S. gold reserves.
In a recent post on X, Farina highlighted an unsubstantiated theory that XRP might secretly serve as a digital counterpart to the gold stored at Fort Knox, the heavily guarded U.S. Army base in Kentucky.
The commentary comes amid discussions around XRP’s potential inclusion in the proposed digital asset reserve by President Donald Trump. While the ideas surrounding possible XRP links to Fort Knox gold appear interesting, they remain speculative, lacking concrete evidence.
Plans to Verify Fort Knox’s Gold Reserves
For context, Farina first referenced Fort Knox, home to an estimated 147.3 million ounces of gold currently worth about $425 billion at $2,891 per ounce, and often considered a cornerstone of America’s wealth.
Notably, amid efforts to substantiate government disclosures, Elon Musk, who now heads the Department of Government Efficiency (DOGE), proposed a livestreamed tour of the vaults to verify the gold’s presence, looking to confirm that someone had not swapped it for painted lead.
Farina used this to weave a narrative connecting the physical gold to XRP’s digital framework, though he presented no direct proof of any link.
XRP Linked to Fort Knox Gold?
Discussing XRP’s origins, Farina pointed out that the XRP Ledger launched in June 2012 but faced early technical hiccups, resulting in the erasure of its first 32,570 ledgers. This left the initial week of transactions untraceable, with the ledger as we know it officially stabilizing in December 2012.
Another wallet, “X.Distributor.1”, held 80% of the total XRP supply at one point. On January 26, 2013, in just 9 transactions, nearly the entire supply was distributed into separate wallets.
Digging deeper, we find something even more intriguing…
📌 Wallet:… pic.twitter.com/1krLXNwvXp
— EDO FARINA 🅧 XRP (@edward_farina) February 26, 2025
Farina implied this mysterious reset might actually hide deeper secrets, though Ripple attributes it to routine technical adjustments, a less sensational explanation. Interestingly, the Alpha Lions Academy CEO’s theory centered on the “genesis wallets” from XRP’s early days.
He zeroed in on one wallet, dubbed “X.FortKnox.b,” which initially held 6 billion XRP, directly traceable to Ripple. Another wallet, “X.Distributor.1,” once controlled 80% of the total XRP supply and, in January 2013, dispersed nearly all of it across nine transactions to wallets with “Fort Knox” labels, such as “Fort Knox.a” and “X.Fort.Knox.2” through “X.Fort.Knox.9.”
Farina asked if these names suggest a hidden design tying XRP to a digital gold standard, but he stops short of proving intent or official backing.
To add fuel to his speculation, Farina pointed to Rosie Rios, a former U.S. Treasurer whose signature can be found on the $100 bill. Rios joined Ripple’s Board of Directors and, during her tenure as Treasurer, oversaw Fort Knox’s gold reserves.
Farina emphasized that this connection was “shocking” and suggested a grander scheme, though no documentation ties her role to XRP’s creation or purpose.
Historical Transaction Trail
The pundit also traced a transaction trail from the “X.FortKnox.b” wallet, detailing how 1.84 billion XRP moved through multiple wallets between 2013 and 2017, eventually landing with Ripple.
Interestingly, one transfer included a strange memo, which he interpreted as possibly referencing Ripple Trade, a version number, a build number, and then an unclear code. He invited others to decode it, but whether or not it is important remains unclear.
However, despite Farina’s narrative, no official records or statements from Ripple, the U.S. government, or Rios corroborate his claims. Notably, the “Fort Knox” wallet names could simply be a reflection of creative labeling by early developers.
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