Quote from: Stell on May 17, 2017, 05:02:29 PM

Quote from: Geenstijl on May 17, 2017, 04:53:22 PM

Quote from: pedrog on May 17, 2017, 04:52:03 PM

Quote from: Geenstijl on May 17, 2017, 04:40:08 PM

It's old news, but just for your information:

http://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/

As part of the settlement, McCaleb has sold his equity in Ripple, and has agreed to sale controls on 5.3bn XRP owned by him and his children. An additional 2bn XRP will be donated to an as-yet-undisclosed charitable fund.

The sale controls are tied to daily volume in XRP markets. For the first year, according to Ripple, McCaleb will be unable to sell more than 0.5% of average daily volume "for each day of the week, including weekends and holidays".

During the second and third years of the agreement, this amount grows to 0.75%, while it accounts for 1.0% in the fourth year. Beyond the fourth year, the amount is set to 1.5%.

The current price of of Ripple is 40 cents. Do I have to count out for you how rich the founder of Stellar is?

Does that makes Jed a billionaire?

That makes family Jed multibillionaires atm... not bad Wink

. Let's forget that he probably also gave himself a fair share of Lumens Wink

.

I dont know who's the big shot in crypto now... Vitalik or Jed. I think it's Jed.

Jeff McCaleb will probally buy 2 billion dollars worth of lumens and lock them down.
A much better strategy then ripple !

I think it's very possible Jed is dumping Ripple daily as it goes up and pumping it back into Stellar because he believes 1) improved on ripple with Stellar 2) believes Stellar is worth more 3) making those billions worth potentially 10s of billions? Either way, we're going to have a wild ride up!