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Ex Ripple CTO Confirms XRP Has No Issuer to Clawback Stolen Funds

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Ex Ripple CTO Confirms XRP Has No Issuer to Clawback Stolen Funds

Former Ripple CTO David Schwartz has again clarified that XRP has no issuer, and as such, victims cannot seek to clawback stolen funds. Schwartz, who now assumes the position of CTO emeritus at Ripple, recently disclosed this after a new "LP Reward Voucher" NFT scam drained funds from a major liquidity provider wallet, leading to speculations about whether the XRP Ledger's clawback feature could help.

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