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Is XRP Decentralized? One Crypto Founder: Fraud or scam

Justin Bons, founder of Cyber Capital, calls selling XRP to retail investors decentralized outright fraud. His criticism arrives as Evernorth prepares its Nasdaq debut. The clash pits Bons against David Schwartz, and it tests how decentralized the XRP Ledger really is. What Makes a Blockchain Truly Decentralized? Decentralization means no single party controls participation, governance, The post Is XRP Decentralized? One Crypto Founder Calls the Claim Fraud appeared first on BeInCrypto .

StatusUnder review
Reported lossUnavailable
ChainNot specified
Confidence55%

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

Record history

First seen: 2026-10-09T10:54:39.000Z. Last updated: 2026-10-09T11:46:25.759Z. Revision: 1.