Ripple Founder McCaleb Sells All His XRP

Ripple's Founding Name McCaleb Sold All His XRPs - Jed McCaleb, one of the founding names of Ripple, who was entitled to a 9 billion XRP compensation after leaving the US-based Ripple company and regularly selling the XRPs he has acquired since 2014, announced that he sold his last XRPs.

Jed McCaleb, one of the former founders who was entitled to a hefty compensation of 9 billion XRPs after leaving Ripple, sold his last XRPs. In this way, it was stated that he will no longer be able to sell and therefore will not create the sales pressure on the XRP price for years. McCaleb had announced that he would continuously sell the XRPs he received after agreeing with Ripple on compensation. The XLM founder then made a deal with Ripple executives and agreed to gradual elimination instead of wholesale. SBI Motor Japan to Accept Bitcoin and XRP Payments Tokyo-based automotive company SMI Motor Japan announced the addition of Bitcoin and Ripple to its payment options.

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