Ripple co-founder Jeb McCaleb's "XRP dumping" has been on pause for the last 3 months - Aliens: AI Crypto News & Markets Updates

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Ripple co-founder Jeb McCaleb's "XRP dumping" has been on pause for the last 3 months

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Crypto Slate

Thu, Nov 25, 2021

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XRP › Speculation mounts on McCaleb's reasons for not selling his stash of XRP tokens.

According to the website jed.tequ.dev , Ripple co-founder Jeb McCaleb hasn’t sold any XRP since the end of August this year.

McCaleb was Ripple’s first-ever CTO, but disagreements with fellow co-founders saw him leave in 2013.

Jed’s claim now is that he was badly treated.” Nonetheless, at the time of leaving, McCaleb owned 9 billion XRP, and rather than rubberstamp letting him leave with unrestricted access to the lot, Ripple negotiated a deal stipulating the amount he could sell to prevent massive oversupply.

Since his last transfer out on August 31, McCaleb hasn’t sold any XRP, leading to speculation on his current reasons for not selling.

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