Ripple News: Founder Sees ‘Fundamental Flaws’ in XRP, Predicts ‘More Downside’

The post Ripple News: Founder Sees ‘Fundamental Flaws’ in XRP, Predicts ‘More Downside’ appeared first on Coinpedia Fintech News

Anthony Georgiades, founder and general partner at Innovating Capital, discussed concerns surrounding Ripple and its native token, XRP, particularly regarding the centralized aspects of the XRP Ledger. In an interview with Yahoo Finance, he explained that XRP operates on a decentralized ledger, but in practice, Ripple Labs holds major control over it. Ripple Labs is …