Ripple’s troubles with the SEC may have stayed too long, but it may seem that the Brad Garlinghouse-led company continues to retain its spot on the losing side. This is because co-founder Jed McCaleb recently sold the last of his Ripple [XRP] holdings. Now that Jed has finally sold the last of his XRP it […]
According to the data put out by an analyst named Leo Hadjiloizou, Jed had made about $3.09 billion from his sales. It was worth noting that most of his sales came after the SEC brouhaha started.
It was a 13.42% increase from the last seven days at press time. However, the XRP price has not taken a further uptrend since the news broke out.
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Jed McCaleb empties XRP wallet, but how will the alt react nowIn his infamous “tacostand” wallet, Jed McCaleb, the erstwhile founder of Ripple Labs, has finally ceased selling all but 46.7 of his XRP holdings. According to blockchain researcher XRP Scan, the former Ripple exec made his final outbound XRP transfer on 17 July for 1.1 million XRP (worth $394,742.18). A few hours later, the account […]
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