On May 30, PANews reported, according to Finance Feeds, that Ripple co-founder Chris Larsen clarified that the 'Change Bitcoin Code' campaign initiated by the environmental organization Greenpeace in 2023 (aimed at pushing Bitcoin to switch to a PoS mechanism) was solely funded by him personally and had nothing to do with the company. Larsen stated that his original intention was to explore the possibility of Bitcoin promoting carbon capture technology, but acknowledged that the campaign did not meet expectations.
Despite Ripple recently gifting the Bitcoin community a 'Satoshi Skull' sculpture (originally a symbol of environmental criticism) as a gesture of reconciliation, CEO Brad Garlinghouse referred to it as an 'olive branch,' but the community's response was divided. Matthew Sigel, head of digital assets at VanEck, called for Ripple to formally apologize for funding the anti-Bitcoin campaign, while Ripple CTO David Schwartz rebutted the criticisms regarding XRP's centralization.