Former Ripple Labs founder Jed McCaleb emptied his famous 8-year-old “tacosend” wallet. The founder has only 48 Ripples in his wallet.
According to XRP Scan, Ripple’s blockchain explorer, the former Ripple founder 394 worth a thousand dollars 1.1 million Ripplesyour 17 July transferred on.
A few hours after the transfer, McCalep deleted his account and his account will no longer exist in the XRP ledger.
McCaleb, who left Ripple Labs to found Stellar (XLM) in 2014, has since 9 billion XRP sold and only in the wallet that the old founder deleted $16 Ripple left.
Total Ripple supply at McCaleb There was 18.6%. It is stated that Ripple investors are very happy that Jed McCaleb emptied his wallet. A Twitter user named XRP Whales, who has more than 57 thousand followers, made the following statements:
Jed McCaleb eventually sold the rest of his Ripples as well. You now have more Ripple than him.
At the end of 2020, the US Securities and Exchange Commission both awarded Ripple to Ripple on the grounds that XRP is a security and Ripple illegally sells securities; He also sued the company’s CEO, Garlinghouse, and one of its founders, Chris Larsen.
Ripple, which has experienced a great decrease in price with this case, has been in the last 7-day period. to 13% experienced a close rise and at the time of writing from $0.362 is being traded.