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Craig Wright Says SBI Chairman Yoshitaka Kitao & Others Were Gifted Millions In XRP For "Using And Promoting" Ripple Blockchain
The chairman of Softbank Group Corp. spin-off SBI Holdings Ltd. SBHGF, Yoshitaka Kitao received $60 million in XRP tokens as compensation for “using and promoting” Ripple according to Craig Wright, the founder of cryptocurrency Bitcoin SV. “Kitao-san has been slowly spending the 60 million US dollars worth of tokens he was gifted. They still have some. There are absolutely no plans to implement anything. I understand why he's doing it. For the chairman of SBI $60 million to shut up and tell people that you're running things is a significant investment with no downside,” Wright said in an e-mail exchange. ... (full story)