Ripples Funding Dilemma: Navigating SEC Case and Market Manipulation

By Lola Coin Jul 8, 202356Views

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Matt Hamilton’s Perspective on Ripple’s Funding and Support for XRP Ecosystem

Matt Hamilton, the former Director of Developer Relations at Ripple, recently shared his thoughts on the allegations surrounding Ripple’s funding and support for the XRP ecosystem. Here are the key points:

Ripple is facing a challenging situation due to the ongoing SEC case.
Funding decisions need to be cautious to avoid accusations of market influence.
Ripple’s dilemma lies in striving for funding decentralization while controlling a significant portion of the funds.
The dormant state of the XRPLF initiative adds complexity to the concentration of funds issue.
An equitable and inclusive process is necessary to ensure a balanced distribution of funds.

Hot Take: Ripple’s funding decisions and the outcome of the SEC case will shape the future of Ripple and the XRP ecosystem.

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