Ripple Escrow Reporting: Creative Accounting or Much Ado About Nothing?
Cointelegraph
Published May 22, 2019 11:08AM ET
Updated May 22, 2019 11:22AM ET
Ripple Escrow Reporting: Creative Accounting or Much Ado About Nothing?
On May 16, 2019, Coin Metrics released a report detailing discrepancies in Ripple’s escrow reporting system. The Blockchain analysis firm described these discrepancies as contradictions that required some explanation.
As per usual, any story concerning Ripple is going to come in for some polarizing viewpoints, with strong opinions on both sides of the matter. On the one hand, Ripple says the discrepancies aren’t so much a financial issue as they are a timeline adjustment. Critics of the company, on the other hand, see it as a further ground for criticism of Ripple’s operations.
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Written By: Cointelegraph
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