From Coinpedia · By Anjali Belgaumkar
A vocal XRP critic on X has accused Ripple and its executives of repeatedly selling the token during price rallies over the past decade. The anonymous account claimed co-founder Chris Larsen and CEO Brad Garlinghouse sold large amounts of their XRP, and argued that the token has failed to gain real use despite years of bank partnerships. The post cited figures of about 24,000 daily active XRP addresses, compared with 2.7 million for Solana. These claims have not been independently verified, and Ripple has not responded. Ripple has long published quarterly reports on its XRP sales and holdings. The criticism adds to a wider debate in the XRP community over escrow releases, token supply and whether Ripple’s business growth benefits holders.
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TagsCrypto news Ripple (XRP)