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Ripple asserts that it does not control the XRP Ledger
CTO Ripple – David Schwartz – stated that the company only operates about 1% of the XRP Ledger network and has no control over transactions. He emphasized that there is no "backdoor" in the source code for Ripple to unilaterally control the network.
Although Ripple is a major contributor to the XRP ecosystem and holds billions of XRP tokens, Schwartz asserts that any changes in transaction processing must be approved by 80% of the network. According to him, censoring transactions would make the company a target for pressure.
Currently, the XRP Ledger network has 186 active validators, while Ripple operates only one. Rumors about Ripple's control still exist within the community, but the company has gradually reduced the number of validators it owns since the launch of the XRP Ledger in 2012.