Study Finds Several “Important Discrepancies” in Ripple’s Reports. Did They Lie?

Ripple has been a company known for projecting an image of seriousness and transparency (despite not having the support of the most purists within the crypto be seen). Its business strategy has allowed it not only to position itself as one of the most popular blockchain companies in the financial sector but also to place its XRP token in the top 3 of the global marketcap.

However, a recent report published by analysis firm Coin Metrics suggests that Ripple’s reports did not correctly express reality, and the methodology applied to escrow the unused XRP is different from what they theoretically proposed.

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