Odaily Planet Daily News: Ryan Kim, a partner at the crypto investment firm Hashed, stated in a post on X: "In 2014, Ripple Labs sold XRP to 'Korean Ajummas' through a Ponzi scheme, and it was then known as 'Ripple Market Korea'. These early investors may have made significant profits. There is a real XRP community in South Korea, which is why Koreans are buying XRP in large quantities."