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Joshua Frank: XRP is Effectively the Third Largest Collapse of All Time
Summary: TIE CEO Joshua Frank tweeted today that XRP's market cap has fallen by 93% from $137B to under $10B. That makes the value of the XRP collapse bigger than Enron and Worldcom. While not a bankruptcy, XRP is effectively the third largest collapse of all time behind Lehman Brothers and Washington Mutual. “It is sad ...
TIE CEO Joshua Frank tweeted today that XRP's market cap has fallen by 93% from $137B to under $10B. That makes the value of the XRP collapse bigger than Enron and Worldcom. While not a bankruptcy, XRP is effectively the third largest collapse of all time behind Lehman Brothers and Washington Mutual. “It is sad and unfortunate that the biggest losers in the [XRP] saga are the individual investors who lost unimaginable amounts of money,” Frank said.
By Amy Liu
Tags: Collapse,Joshua Frank,XRP
Link: Joshua Frank: XRP is Effectively the Third Largest Collapse of All Time [Copy]
