Ripple Unlocks 400M XRP From Escrow Wallet With Strange Memo
Ebo Victor
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Details of a transaction memorandum released in Ripple's monthly escrow tokens unlocking have shocked the XRP community. The transaction details, which Involved the unlocking of 400 million XRP tokens, came with a strange memorandum.?
What Is Going On In Ripple Escrow Wallet??
The Ripple Escrow systems were set up to unlock 1 billion XRP tokens every month automatically. This system was introduced to maintain the XRP price and the number of tokens in circulation.?
But it won't significantly impact the asset's price or the number of XRP tokens in free circulation.?
However, members are confused about the memo contained in the recent escrow execution transactions that had 400 million tokens.?
The memo reads;?
"Sedan is now Lambo, tepid jam is now hot jam, DAI's rat is caught on a mouse trap. Now, Will Jeremy H's broken dock & hacked twitter account be fixed? Will the party become a proper party? Will the revolution be televised? As a side, David, is the secret sauce a tepid sauce or a hot sauce?"
XRP's top community member Mr. Intuitive raised the alarm concerning the memo. He went on Twitter to call the attention of other community members.
Mr. Intuitive, who posted a screenshot of the transaction details with the caption "Wtf is this?", left the community wondering about the escrow wallet origin and the reason behind such a message.?
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