Blockchain company ripple, All co-founder Jed McCaleb XRP officially confirmed that he sold his assets.
Ripple CEO Brad Garlinghouse Confirms Jed McCaleb Has Sold All XRP Assets
Ripple CEO Brad Garlinghouse humorously shared the important news in his statement on Twitter:
“Anyone want tacos? The JK booth is now closed.”
Tacos anyone? JK the stand is closed 😄 https://t.co/rshrX6hGOQ
— Brad Garlinghouse (@bgarlinghouse) July 18, 2022
As it is known, the name of Jed McCaleb’s wallet on the Ripple network was “tacostand”.
Prior to that, social media users had already started discussing McCaleb’s finally emptying his wallet on Sunday after eight years of selling.
The American entrepreneur bought 9 billion XRP along with other co-founders in 2012.
After leaving the company in June 2013, McCaleb said he would start selling his XRP stock “as soon as possible.” Finally, it reached an agreement with Ripple to cash out its remaining tokens based on daily trading volume.
The XRP company announced on its official website that Jed McCaleb has sold all his XRP assets with the following statements:
“Last weekend, Jed McCaleb also sold his last XRP in his ‘tacostand’ wallet. As a reminder, McCaleb had 9 billion XRP when the XRP Ledger was created in 2012.
Many of you are closely following and interested in Jed’s XRP holdings, so we wanted to provide a background on Jed’s XRP holding and give you some background on the distribution of one of the world’s largest digital assets, the XRP token.”
Cryptocurrency McCaleb, who is among the three main founders of the company, left the company, which was founded in 2012, in 2013.
*Not investment advice.