Recently, major media outlets have been publishing more articles that criticize cryptocurrencies, but this time, it seems the New York Times took a particularly harsh stance and wrote as if they were “meaningless and full of scammers.” In response, Ordelotti, Ripple’s CLO, spoke out.

He also works as the president of the National Crypto Association, and this latest proposal is about directly objecting to the paper by saying it has a “negligent and outdated view.” It’s not just a simple backlash—he’s trying to set the tone of the piece right by providing accurate information.

What’s interesting is the point he emphasizes: that cryptocurrencies have a role in providing economic support to millions of Americans. In other words, they’re not just a target for speculation—they’re actually built into real economic activity.

Ordelotti is also known for his legal battles with the SEC, and he has consistently been committed to defending the industry’s legitimacy. Just recently, he also participated in a White House meeting and only then argued that, on the issue of stablecoin yields, cryptocurrencies should be treated fairly compared with traditional banks.

When you look at moves like this, it really feels like the media and the industry still have a wide gap in how they understand the meaning and value of cryptocurrencies. It may be a moment that brings into focus the gap between criticism from vested interests and the reality of what’s actually functioning in the market.