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After 8 years dumping billions of XRP, Jed McCaleb's stack runs out in weeks

Coin Telegraph LogoCoin Telegraph1 mo ago

After 8 years dumping billions of XRP, Jed McCaleb's stack runs out in weeks

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Jed McCaleb, the former co-founder and CTO of Ripple Labs has mere weeks left until his XRP balance reaches zero.

He took several months' break from selling from September 2021 to the start of January 2022 and has been steadily offloading XRP again since then.

On Wednesday, a parody account of McCaleb with 4,500 followers who describes themselves as “Definitely not the real Jed” posted a photo in front of an eatery called “The Taco Stand”, saying “Almost there.


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Article Details

Author / Journalist: Cointelegraph By Felix Ng

Category: Crypto

Topics: Balance Offload Wallet

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 04:35:16

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 530 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 21750

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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