Cryptocurrency researcher 'Darkhorse's' provocative remarks have sparked renewed debate: Is Ripple Labs quietly circumventing a federal court injunction through the newly disclosed $300 million XRP financial instrument involving Asian mobile company Webus International Ltd.?
Darkhorse claimed in a post on June 4 on X: 'This new financial setup allows @Ripple to legally and cleanly bypass the injunction.' He believes that Ripple has found 'the only way left by the judge,' which is to transfer XRP through regulated intermediaries instead of selling it directly to investors. 'This is not just clever,' he wrote, 'its design is compliant with regulations.'