In his new YouTube video, cryptocurrency user CryptoWendyO expressed his opinion on the allegations made against Ripple Labs, a blockchain payments company. He also discussed the closure of the Mt. Gox Bitcoin exchange and the popular meme cryptocurrency Shiba Inu.

According to revelations from blockchain detective TruthLabs, a complex connection has been discovered between Ripple, Mt. Gox, and the cryptocurrency project Shiba Inu. According to their research, Bitcoins withdrawn from cryptocurrency exchanges were allegedly laundered through Ripple and Shiba Inu, as well as several other projects.

TruthLabs' accusations primarily focus on Jed McCaleb, the founder of Mt. Gox, who later became one of the co-founders of Ripple Labs. TruthLabs points to the commonality between Ripple and Mt. Gox in Japan, which intensifies suspicions.

Furthermore, it is claimed that around 850,000 BTC worth approximately $35 billion stolen from the exchange were laundered through several projects, including Ethereum, according to TruthLabs' data.

Many people have shown interest in these statements, seeing them as both reasoned arguments and exaggerations, while noting the lack of indisputable evidence. CryptoWendyO herself is unsure of the truthfulness of the accusations and expressed dissatisfaction with the lack of transparency in the world of cryptocurrencies.