XRP News Today: Ripple Leaders Accused Of Selling Into Rallies
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An XRP critic on X accused Ripple and its executives, including co-founder Chris Larsen and CEO Brad Garlinghouse, of repeatedly selling large amounts of XRP into price rallies over the past decade. The anonymous account argued the token has failed to achieve meaningful real-world use despite years of development. The allegation centers on whether sustained insider selling has capped XRP's price performance relative to other large-cap tokens. XRP holders and Ripple have not yet issued a formal rebuttal in the article. Watch for on-chain data on Larsen and Garlinghouse wallet movements and any official response from Ripple to test the claim.
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Named in this story
XRP (XRP), Ripple (XRP), Brad Garlinghouse, Chris Larsen
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