.JoelKatz clarifies the turning point for XRP's security status, highlighting the moment the company relinquished control over XRP Ledger
to address concerns regarding the security status of XRP, the controversial token linked to the San Francisco-based blockchain company.
Schwartz pinpointed the exact moment XRP ceased to be a security, clarifying that it happened when the company relinquished its control over the XRP Ledger, allowing others to maintain it as well. The debate focused on the degree of Ripple's control over XRP Ledger and the implications of this control on the digital asset's classification as a security.
Twitter user ScamDetective5 argued that Ripple's control of the default Unique Node List and the company's responsibility for code updates to the Rippled codebase indicated XRP Ledger's reliance on Ripple. This dependency, the user implied, might contribute to
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