Garlinghouse Cites $150M Hack to Rebut Claims Ripple Controls XRP
- —Ripple operates just 2% of XRP Ledger validators; independent parties run the other 98%
- —A $150 million XRP theft from Ripple's founder was not reversed, with funds partly recovered via exchanges and the FBI
- —Garlinghouse said holding XRP gives no governance vote in the ledger's consensus process
- —He called centralization claims disinformation and said he no longer responds to them
Why it matters: XRP's decentralization remains central to how regulators and investors view the asset amid Ripple's legal battles.
Source: Coinpedia
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