Ripple Criticized for Alleged Misrepresentation of Relationship to XRP

Ripple Criticized for Alleged Misrepresentation of Relationship to XRP

Ripple Labs, the administrator of blockchain payments network Ripple, has come under renewed criticism for its allegedly misleading representations that it “discovered” — rather than created — the XRP token.

In a series of heated tweets on Oct. 9, Coinmetrics.io co-founder and Castle Island Ventures partner Nic Carter took the company to task for ostensibly attempting to obfuscate the nature of its relationship to XRP:

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