Hey fam,
I wanted to bring something to the table and hear your thoughts.
This week on our call, I mentioned an XRP meme coin I had gotten involved with. The creator of that coin is now claiming that 3.5M USD worth of XRP was stolen from her dev wallet and from holders in the project. She’s saying that Xaman and Ripple may have been complicit, even alleging things like dark pools being used to siphon liquidity.
I know Amethyst has raised concerns in the past about Ripple so this caught my attention. To me, it raises a bigger question: is this a red flag for XRP and the Xaman wallet in general, or just drama tied to a specific project?
For transparency: I already sold majority of my RISE position. Does that mean I basically have no standing if this does turn into a legal case or class action? Curious how you all see it in terms of the wider trust issues it raises for XRP/Xaman.
Looking forward to your perspectives.