⭐ Merited by RivAngE (1)
This is from one commentator... "As long as Jed McCaleb is selling into rallies it's hard to keep forward momentum. Anyone know how many xrp this guy has left? The majority of selling is this guy, his family and charity organizations he gave his tokens to..."
https://www.forbes.com/sites/laurashin/2018/01/02/meet-the-crypto-billionaires-getting-rich-from-ripples-xrp/#236bd2c23289Quote
The remaining 5.3 billion XRP as of February 2016 are in a custody account at Ripple and are meted out to him on a monthly basis. Since the agreement was reached, he has been allowed to sell less than 1% of average daily volume on one exchange that now itself accounts for only 1%-2% of all XRP trading volume. If McCaleb had access to all of the XRP at once, he would be a billionaire.
I thought that'e enough to explain how much he was selling it in monthly basis. Ripple foundation is still preparing to sell their coin to the market too. I heard Jed was a creator of the Mt.Gox too and is that true?
Sell your ripple before it's too late.
If you heard jed is the guy from mt gox then you also know he has over 50k BTC to dump on the market WITHOUT any restrictions.
Oh and he also has a few pending lawsuits because of his scammy nature