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Ripple-linked Uphold hit by withdrawal delays as users allege bank run

Ripple-linked Uphold hit by withdrawal delays as users allege bank run
AI summary

Uphold, a crypto platform with ties to Ripple, is reportedly delaying customer withdrawals as users allege a bank run. The company insists funds are safe, but the delays come alongside layoffs and mounting regulatory problems. Traders should watch for contagion risk and any knock-on effect on XRP sentiment given the Ripple connection.

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