The cryptocurrency world has been shaken by a heated legal battle between industry players Jake Claver and Zach Rector. On January 9, 2026, Jake Claver, a noted crypto entrepreneur and CEO of Digital Ascension Group and Digital Wealth Partners, filed a $30 million defamation lawsuit against Zach Rector, a prominent XRP influencer. According to court documents, the lawsuit was filed in the U.S. District Court for the Western District of Washington.
Legal Dispute Fueled by Allegations
Claver accuses Rector of launching an online smear campaign that has reportedly caused significant financial and reputational harm. Claver alleges that Rector made false and misleading accusations across platforms such as X (formerly Twitter) and YouTube in December 2025. The videos and posts at the center of the dispute, including a two-part series published on December 30 and 31, portray Claver as engaging in fraudulent behavior and misleading investors.
The court filing indicates that Rector cited and distorted details from a 2023 lawsuit involving Claver, which had been resolved without establishing fraud. Claver claims that these misrepresentations were used to suggest ongoing unethical conduct.
The Fallout
The fallout has been significant. Claver alleges that the accusations led to immediate financial setbacks, including lost clients, cancelled deals, and withdrawals from current investors. Additionally, Claver was reportedly removed as a speaker from an upcoming industry conference following the dissemination of the videos. While some of Rector’s contentious content has since been taken down, Claver maintains that the reputational damage and financial losses are irreversible.
The lawsuit also highlights a previously collaborative relationship between the two parties. Claver and Rector worked together on live events and video appearances between 2023 and 2025 and had entered into an affiliate agreement under Rector’s company, Entrepreneur Exposed LLC. This agreement, according to Claver, prohibited defamation and false claims.
What Lies Ahead
According to the lawsuit, tensions between the two intensified following business disagreements. Claver cut ties with a crypto brokerage in mid-2025, while Rector maintained a relationship with the competitor. Friction escalated when Rector criticized Claver’s bullish predictions for the cryptocurrency XRP, including assertions that it could reach $100 by the end of 2025.
Though disagreements over price predictions are common in the speculative world of cryptocurrency, Claver argues that this does not justify false claims of fraud and dishonesty. The case serves as a reminder of the potential consequences of public disputes and unverified statements in a fast-moving industry.
Protect Yourself in the Cryptocurrency Space
The cryptocurrency market is volatile, with high risks and rewards. When navigating this space, it’s essential to stay informed and rely only on trusted sources for financial decisions. If you’re looking for tools to conduct thorough research on cryptocurrencies, consider using resources like the CoinPedia platform, known for accurate and timely updates on the blockchain world. For those interested in maintaining professional integrity in a fast-paced industry, tools such as Grammarly Premium can help ensure clarity and credibility in public communications.
Stay tuned for further updates as this legal battle develops.