The executive has addressed the $XRP retail sale debate on Twitter
Critics argue that this dependence on XRP sales highlights the lack of a viable business model and casts doubt on the cryptocurrency's legitimacy.
The ongoing Twitter debate revolves around whether XRP was created explicitly for retail sales or not. The outcome of the SEC's lawsuit against Ripple could have significant implications for the future of XRP and the broader cryptocurrency market. The case is expected to be resolved in the first half of the year.
The ultimate determination of whether these sales were conducted lawfully as well as the potential consequences for Ripple and the wider cryptocurrency industry remain uncertain.
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