Early this morning Axios.com comes out with an article claiming that an entity is planning to conduct a “hostile takeover” of the 2nd largest digital asset XRP. By reading through the post you can tell they do not have proper knowledge of the XRP ledger and how it works. The entire article is just babbling about how XRP is going to be taken over, which is entirely false. Therefore, Brad Garlinghouse and David Schwartz chime in on the discussion.

This is amusing. A hostile takeover of the XRP Ledger is not technically possible nor does this plan make economic sense. — David Schwartz (@JoelKatz) January 15, 2019

Attacking the XRP ledger is entirely pointless, the whole purpose of attacking a cryptocurrency is to profit from it, which is not possible by attacking the XRP ledger, not to mention it’s technically impossible. This is just one reason why XRP is superior to any other cryptocurrency.

.@danprimack wants to sell some snake oil… any buyers out there!? Media have a responsibility to help the industry understand what’s hype vs. substance, not to propagate blatant attempts at market manipulation. When will media coverage of this industry mature? https://t.co/QzZ3MxoyNR — Brad Garlinghouse (@bgarlinghouse) January 15, 2019

This was some ridiculous FUD that attempted to spread fear about XRP being taken over by another entity. It was nice to see the CEO and CTO of Ripple clarify this for the community, so new people coming into the XRP community aren’t scared off because of unreliable cryptocurrency media.