Foresight News reports that Ryan Kim, a partner at the crypto investment firm Hashed, stated on X that in 2014, Ripple Labs sold XRP through a Ponzi scheme to 'aunties (Korean Ajummas),' when it was known as Ripple Market Korea, and these early investors may have made significant profits. There is a real XRP community in South Korea, which is why many Koreans are buying XRP.
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Hashed Partner: Ripple Labs Sold XRP in Korea Through a Ponzi Scheme to Establish Community Foundation
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