Ripple Unleashes $3.28B XRP, Igniting Debate in the Crypto Community

A surprise release of over $3.28 billion worth of XRP has sent ripples through the crypto community, sparking debate about Ripple’s escrow practices. The sudden transfer, which occurred on August 9th, involved three separate transactions that unlocked a combined one billion XRP within minutes. This action came as a shock to many, who noticed it was days apart from the company’s usual monthly release schedule.