Ripple Acquisition Strategy Sparks Controversy Among XRP Holders

Crypto investor Crypto Bitlord has leveled criticism at Ripple's acquisition strategy, suggesting that the company has enriched itself by using XRP funds to buy real-world companies. According to Bitlord, XRP holders have not seen any benefits from these acquisitions, while Ripple Labs has profited.

Bitlord's comments are a departure from his earlier bullish stance on XRP, when he encouraged followers to accumulate the token during periods of low price action. His remarks reflect growing frustration among some XRP holders, particularly long-term investors who have seen disappointing price performance over the past decade.