Post
Topic
Board Altcoin Discussion
Re: Is Ripple dumping XRP to pay their fine?
by
trotter55
on 18/05/2015, 14:48:31 UTC
The price of XRP has been pretty stable for 2 or 3 months but has now dropped to levels not seen since 11/14.  Could this be Ripple selling XRP to pay their government fine?

LOL.  Wow if true...  That's like a corrupt third world country would do.  Tax its own people higher to pay for its debts (money that went in their own pockets).

I don't think they dump them directly on the open market, they sell them to re-sellers who can dump them if they want to.