PANews reported on March 5 that according to Cointelegraph, Ripple Chief Technology Officer David "JoelKatz" Schwartz responded to the XRP sales controversy and said, "Ripple can, will, and should act in its own interests," and emphasized that investors should not expect Ripple to sacrifice its own or shareholder interests to meet market demand.

Recently, blockchain investigator ZachXBT revealed that the wallet associated with Ripple co-founder Chris Larsen still holds 2.7 billion XRP (worth more than $7.18 billion) , and more than $109 million of XRP has been transferred to exchanges in January this year. However, most of the related addresses have not been used for more than six years and may have lost access rights.