Thu 06 Mar 2025 ▪
4 min read
▪
by
Luc Jose A.
Ripple, one of the major players in the crypto sector, is once again under the spotlight. While the firm is regularly criticized for its management of the XRP supply, its CTO, David Schwartz, made remarks that are sure to fuel the debate. According to him, Ripple has every right to act in its own interest through the sale of XRP tokens, a claim that raises eyebrows within the community. This statement comes as new elements strengthen the questions surrounding the distribution of XRP. A dormant wallet containing over $7 billion in XRP has been identified, and some massive transfers have been spotted in the markets. Between legitimate financial strategy and market manipulation, the question of the impact of Ripple's sales on the XRP price is more urgent than ever.