Coinbase Under Fire for Potential XRP Manipulation – Community Debate Sparks

Accusations that Coinbase manipulated XRP prices have ignited a fiery debate within the cryptocurrency community. Activist Stern Drew, using blockchain analysis platform XRPScan, observed a sharp decline in the exchange’s XRP holdings throughout the summer, going from nearly one billion tokens to less than a third of that amount by late August. These drops coincided with periods when XRP failed to break through the $1.20 resistance level repeatedly.