Event Ripple (XRP) Statement from the CEO of Hardware Wallet Ledger: Takes a Step Back

Popular cryptocurrency hardware wallet ledgerco-founder of Eric Larcheveque, XRP made some condescending comments about cryptocurrency. These comments were reacted by XRP enthusiasts.

Is XRP Centralized? Ledger Co-Founder Provides Sarcastic Answers to Controversial Question

social media platform TikTokIn a video that went viral, the French entrepreneur said, RippleHe said that the token linked to the coin is not even a cryptocurrency due to its high level of centralization.

The co-founder of @Ledger, @EricLarch saying in french that XRP is a centralized shitcoin and it’s not even a cryptocurrency.
I would like him to give us a more elaborate commentary on his remarks.https://t.co/JX0TaOnqqt#XRPCommunity

— FocusXRP (@FocusXRP) October 24, 2022

Larchevêque fails XRP terra placed it at the bottom along with the cryptocurrency project.

The Ripple community revolted in the face of this comment, demanding that Larchevêque clarify his stance on one of the biggest cryptocurrencies. Some members said they would give up their Ledger wallets.

In a recent series of tweets, Larchevêque tried to show that his recent comments were unimportant, claiming that he wasn’t actually serious in the aforementioned video.

Emphasizing that Ledger strongly supports Ripple, Larchevêque added that Ledger is one of the first wallets to offer support for the cryptocurrency.

“This was a silly comment made in a joking interview,” Larchevêque said. “It’s grown disproportionately because people think it’s Ledger’s view when it certainly isn’t,” he said.

Larchevêque also stated that Ripple has developed a lot in the last few years. The investor emphasized that the situation in question renders his interpretation completely unfair as of today.

With this SEC At the time of writing, the price of XRP, which is in lawsuit with the company, was trading at $ 0.4510 at the time of writing.

*Not investment advice.