Ripple co-founder Jeb McCaleb’s “XRP dumping” has been on pause for the last 3 months | crypto news

Ripple co-founder Jeb McCaleb’s “XRP dumping” has been on pause for the last 3 months | crypto news

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. Making this one of the most prolonged periods in which he hasn’t offloaded his holdings. --The data shows the last sale took place 12 weeks ago, where he transferred just under eight and half million XRP to Bitstamp to sell. --What’s the story with XRP dumping. --Jeb McCaleb is a prominent figure in the crypto industry, having co-founded Ripple in 2011 while also creating the Mt. Gox exchange. --McCaleb was Ripple’s first-ever CTO, but disagreements with fellow co-founders saw him leave in 2013. It’s reported that inappropriate relations with a Ripple Labs employee, Ms. Kim, and her subsequently leaving caused a rift in which he lost interest in building up the firm. --In a blog post dated October 2017, current Ripple CTO David Schwartz reframed the situation, saying McCaleb had unjustifiably betrayed his workforce and investors. Adding that, in situations of betrayal, it’s not unusual for founders to be forced out. TELEGRAM : https://t.me/mostcryptonews TWITTER :   / cryptonewseng   SUBSCRIBE: https://bit.ly/3g7vdxL JOIN :    / @techstorem   Music: Spark Of Inspiration by Shane Ivers - https://www.silvermansound.com Licensed under Creative Commons Attribution 4.0 International License https://creativecommons.org/licenses/... Music promoted by https://www.chosic.com/ source : https://cryptoslate.com/ripple-co-fou... crypto news, crypto news today, bitcoin news, bitcoin news today #bitcoin #btc #cryptocurrency #crypto