Ripple’s quarterly reports understated XRP released from escrow by $84 million

When Ripple supply schedule and escrow system were taken under a microscope by Coin Metrics, they noticed discrepancies between on-chain data and Ripple’s public reports.

According to Coin Metrics, the number of XRP released from escrow has been underreported in two quarterly market reports. The total difference between the reported figures in quarterly reports for Q3 2018 and Q1 2019 and on-chain data equals 200 million XRP (approximately $84 million).

Original source

Add comment

Please Sign in to be able to leave comments.