XRP Community Activist Rebuts Ripple Price Manipulation Allegation
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- XRP community member Sherrie debates Ripple’s alleged manipulation, sparked by trading bot allegations.
- Cherry distinguishes manipulation from causation, defending Ripple’s XRP sales.
- Legal scrutiny and the judge’s ruling minimise Ripple’s perceived influence on XRP’s price.
A member of the XRP community who goes by the name of Sherrie has ignited a debate on X, challenging allegations that Ripple has manipulated the price of its XRP token. Sherrie replied to an accusation that Ripple has employed trading bots to manipulate the price of XRP.
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— Sherrieto understanding ‘manipulation’ versus ‘causation’
If you’re interested in the facts then read on as it pertains to XRP.
*Important: I am using a screenshot from another individual not for the purpose to embarrass them so please be respectful by not naming (if you know)(@CherryEmpress21) March 6, 2024
Allegations started when documents surfaced which indicated Ripple’s use of trading bots from GSR the global crypto marker maker for institutional XRP sales. Ripple’s CTO denied all these claims, asserting that the firm had ceased such sales.
Meanwhile, Sherrie went on to explain with an ex…
The post XRP Community Activist Rebuts Ripple Price Manipulation Allegation appeared first on Coin Edition.
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