Ripple Releases $1.38 Billion in XRP Amid Explosive Statements from CTO Emeritus

Ripple released 1 billion XRP from its escrow contracts on May 1, 2026, valued at $1.38 billion at current prices. Meanwhile, Ripple’s CTO emeritus, David Schwartz, turned to X to debunk entrenched myths about alleged secret mechanisms to boost the token’s price. Ripple Executes Its Monthly Release of 1 Billion XRP from Escrow The monthly
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