Ripple Co-founder Sells Another 28.6 Million XRP Despite SEC Charges – BeInCrypto

Ripple co-founder Jed McCaleb has sold off a further 28.6 million XRP this week despite pending SEC charges against Ripple Labs Inc. for the sale of unregistered securities.

Ripple Labs co-founder Jed McCaleb has sold over 28.

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Ripple pins hopes on Biden administration as co-founder sells 28.6M XRP

After ending 2020 facing a lawsuit from the U.S. Securities and Exchange Commission under Donald Trump’s administration, Ripple’s leadership is looking to the new year and a new U.S. President to bring a change in regulations more favorable to the firm.

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Ripple Co-Founder Jed McCaleb Dumped $400 Million of XRP in 2020 – BeInCrypto

It has come to light that one of Ripple’s co-founders has been selling enormous quantities of XRP over the past 12 months.

Jed McCaleb, one of Ripple Lab’s co-founders has sold over $400 million worth of XRP in 2020, representing almost three percent of the current market cap.

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Grayscale reportedly dumps massive stakes in XRP, XLM

Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings.
Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec.

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