Coin Metrics Report Highlights Discrepancies in Ripple’s Escrow System Reporting

Coin Metrics, which conducts analysis of various aspects of cryptocurrency tokens, investigated Ripple and discovered what it said were contradictions that required an explanation.According to Coin Metrics, Ripple did not respond to repeated requests for clarification of researchers’ concerns.The company has previously attracted criticism from commentators over the past year: in February, a separate report from trading platform BitMEX accused the company of being overly centralized. XRP has had a successful month in May, after American cryptocurrency exchange Coinbase released trading to New York residents and Germany’s second-largest stock exchange debuted an XRP and litecoin (LTC) exchange-traded note.

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