Analyzing Ripple’s Influence on XRP’s Market; Debunking Price Manipulation Claims
The post Analyzing Ripple’s Influence on XRP’s Market; Debunking Price Manipulation Claims appeared first on Coinpedia Fintech News
In a riveting comparison to oil producers, lawyer, and digital asset enthusiast, Bill Morgan, asserts that Ripple’s influence over XRP’s price doesn’t equate to fraud or manipulation. He highlights that any entity capable of increasing supply, like Ripple or even Bitcoin miners, can inevitably impact price. However, this influence is distinct from price manipulation. The crux of the ongoing court debate is whether Ripple’s XRP sales are investment contracts, a consideration that is far from settled and continues to fuel speculation in the crypto sphere.
