Is XRP Decentralized? Cyber Capital Founder Says It's 'Straight-Up Fraud'
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The XRP decentralization debate is heating up again , with Justin Bons, the founder of Cyber Capital, claiming that XRP advocates are duping retail investors ahead of a controversial XRP Ledger update. "Selling XRP to retail as 'decentralized' is straight up fraud!" wrote Justin Bons in a recent X post. The passionate cryptocurrency analyst cited the use of undocumented software code by the XRP Ledger in its recent development as an example showing major flaws in the network's governance and consensus system.
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