Ripple CEO says Michael Saylor has hurt crypto market as Strategy’s STRC trades 25% below par
AI Summary
Ripple CEO Brad Garlinghouse has criticized Michael Saylor, claiming his actions have negatively impacted the crypto market, particularly as Saylor's firm Strategy's token STRC trades 25% below its par value. Garlinghouse emphasized that true long-term value in digital assets hinges on utility rather than financial engineering. This critique underscores the ongoing debate about the role of institutional investment in the crypto space and its potential effects on market stability and value perception.
Original Source
Read the full article at Theblock →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.