Chapter

Hostile takeover of Ripple
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1:09:51 - 1:14:25 (04:33)

The Ripple team sold some of their Ripple in order to create a few hundred million dollar buffer due to the urgency of the situation and the fear of a hostile takeover.

Clips
A warning was issued about a potential ripple scam where victims are promised returns from their investment but end up being scammed.
1:09:51 - 1:11:50 (01:59)
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Ripple Scam
Summary

A warning was issued about a potential ripple scam where victims are promised returns from their investment but end up being scammed. Victims are urged to be cautious and do their research before investing their money.

Chapter
Hostile takeover of Ripple
Episode
MFM Goes Viral on TikTok, Solana Billionaires, Right to Be Forgotten, and More
Podcast
My First Million
Ripple sold some XRP to create a monetary buffer against potential hostile takeover attempts similar to those seen in the 1980s at Drexel.
1:11:50 - 1:14:25 (02:34)
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Ripple Defense Strategy
Summary

Ripple sold some XRP to create a monetary buffer against potential hostile takeover attempts similar to those seen in the 1980s at Drexel. This defense strategy was designed to protect the company's holdings and ensure stability in the event of such an attack.

Chapter
Hostile takeover of Ripple
Episode
MFM Goes Viral on TikTok, Solana Billionaires, Right to Be Forgotten, and More
Podcast
My First Million