Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on July 07, 2022, 09:19:41 AM

Title: Jed McCaleb's Ripple Stash Down to 81 Million — Co-Founder's XRP Cache Likely to
Post by: sirty143 on July 07, 2022, 09:19:41 AM

Jed McCaleb's Ripple Stash Down to 81 Million — Co-Founder's XRP Cache Likely to Dry Up This Year

(https://i.imgur.com/QSzJr8qm.jpg)

After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry... See more for yourself here (https://news.bitcoin.com/jed-mccalebs-ripple-stash-down-to-81-million-co-founders-xrp-cache-likely-to-dry-up-this-year/).

Your opinion is greatly appreciated.

Title: Re: Jed McCaleb's Ripple Stash Down to 81 Million — Co-Founder's XRP Cache Likely to
Post by: Fenix on July 08, 2022, 09:08:27 AM

The proposed article does not contain information about where Jed McCaleb spends money from the sale of his ripple tokens. His fortune in those tokens, of course, has drastically decreased. But it is one thing if he invests the proceeds from the sale of tokens in some other business, and another if he spends them on entertainment, given his relatively young age. In any case, the $26 million in these tokens that he has left is also a very large amount.