In a major turn of events that has garnered the interest of both the community of cryptocurrency investors and regulators, Ripple recently took the step of unlocking 100 million $XRP from its escrow account—money that, at the time of the announcement, was worth a jaw-dropping $283.89 million. Coming along with the unlocking was a memo that read, “#xrp can NEVER be clawed back. Educate yourself about the facts.” As for why the memo is generating speculation, well, that’s a bit of a long story. The release and the accompanying statement have prompted extensive debate about their intended audience. Could this
The post Ripple Unlocks 100 Million $XRP from Escrow: A Bold Move Amidst Ongoing Controversy appeared first on The Merkle News.