The post Behind Ripple’s Strategy: Schwartz Addresses XRP Sales Transparency appeared first on Coinpedia Fintech News
After the SEC asked Ripple to present its financial data, the company faced a lot of speculation on its sales strategy change to keep the regulations in check. In response to such claims, David Schwartz, Ripple’s Chief Technology Officer (CTO), recently addressed allegations that Ripple was seeking to conceal its sales of XRP from the public. In X discussions, Schwartz denied these claims, saying that Ripple could easily hide its XRP sales on exchanges if it wanted to.
Ripple CTO’s Response on Hiding XRP Sales
Recently social media platforms have been buzzing with the debate regarding the state of the XRP Ledger. Some community members have expressed concerns about its perceived weaknesses, linking them to Ripple, the company responsible for XRP. They specifically targeted Ripple’s involvement in the introduction of an EVM sidechain for the XR
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