<ul class="news-points"> 
 <li><strong>Ripple’s CTO, David Schwartz, denies price manipulation accusations surrounding XRP sales on Twitter.</strong></li> 
 <li><strong>Concerns over Ripple’s XRP handling triggered accusations, prompting Schwartz to defend the company.</strong></li> 
 <li><strong>Schwartz clarifies the cessation of programmatic XRP sales, distinguished from sales used in Ripple’s payment services.</strong></li> 
</ul> 
<p>Ripple’s Chief Technology Officer (CTO), David Schwartz, took to X on February 18, to address <a href="https://twitter.com/DarkhorseDNME4/status/1759279749958963337" target="_blank" rel="noreferrer noopener nofollow">accusations</a> of price manipulation concerning XRP sales. Amid the increasing concerns over Ripple’s handling of XRP and its impact on the token’s value, Schwartz denied the allegations.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I understand caring how much we sell, but honestly I don't really understand why people think it matters so much exactly how we sell XRP. Yes, we choose when to sell. Yes, we choose how much to sell. And everyone can see how much XRP comes out of escrow and how much goes back in.</p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1759478695226741136?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 19, 2024</a>
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<p>The skepticism and controversies surrounding Ripple’s operations have led to suspicions among some community members and investors, triggering accusations of market manipulation. Schwartz, feeling compelled to defend the company’s i…</p>
<p>The post <a href="https://coinedition.com/ripples-cto-denies-price-manipulation-allegations-on-x-platform/">Ripple’s CTO Denies Price Manipulation Allegations on X Platform</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple’s CTO Denies Price Manipulation Allegations on X Platform

Coin Edition

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