Former Ripple CTO’s XRP dumping spree continues but here’s the twist

Former Ripple CTO’s XRP dumping spree continues but here’s the twist

The peak of the 2017 bull run gave rise to many crypto millionaires and a few billionaires. Jed McCaleb was one of few who made it to that Billionaire group, thanks to his contribution to Ripple in its early days. In accordance with his ‘exit’ package, when he decided to leave Ripple, he received about 9 billion XRP and had signed a contract with Ripple to ensure that no huge XRP dumps would take place.

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