Crypto Founder Accuses XRP of Being ‘Straight-Up Fraud’ in Explosive Attack on Ripple’s Decentralization Claims

XRP faces fresh scrutiny after Cyber Capital founder Justin Bons ignited a firestorm over the network’s decentralization, accusing the XRP ecosystem of misleading retail investors. In a blistering critique , Bons questioned Ripple’s influence over the XRP Ledger, citing a controversial software update and validator-list controls as evidence the network may be far more centralized than its supporters claim. His explosive allegations have reignited a long-running debate over who really holds the power behind XRP.