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Pundit Says Ripple Selling XRP and Repurchasing It Is Not Manipulation

Published 09/03/2024, 11:26
Updated 09/03/2024, 11:45
Pundit Says Ripple Selling XRP and Repurchasing It Is Not Manipulation
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  • X user Sherrie disagreed that Ripple’s XRP sales were manipulative.
  • The commentator believes Ripple’s selling and repurchasing of XRP is not manipulation.
  • Sherrie backed this claim by citing audits and legal investigations into Ripple’s transactions.

The debate around Ripple’s XRP sales and its impact on XRP’s market value has remained a heated topic in the crypto community. Allegations of deliberate price manipulation by Ripple reached a new height recently following the disclosure of how Ripple leveraged various bots services to orchestrate its routine XRP sales.

However, some commentators, such as X user Sherrie, disagreed that Ripple’s actions were manipulative. In a recent thread, Sherrie delved into the nuanced difference between manipulation and causation.

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