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Ripple Used Bots To Manipulate XRP Price: Court Docs
Allegations have emerged suggesting that Ripple may have used automated bots to manipulate the price of XRP. These claims are based on documents shared by
These claims are based on documents shared by crypto researcher Darkhorse, shedding light on the intricate strategies employed to influence XRP’s market value during 2015 and 2016. The unfolding situation raises questions about the transparency and fairness of the XRP market, with potential consequences for investor trust. As Bitcoinist reported, the SEC filed a request on February 27, 2024, seeking to postpone the submission deadlines for the briefs concerning the remedies phase.
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