Ripple Co-Founder’s Token Selloff Accelerates

By Anonymous

Crypto entrepreneur Jed McCaleb, now with a rival startup, has sharply stepped up sales of his billions of dollars in XRP holdings

One of the co-founders of crypto startup Ripple holds billions of dollars worth of the company’s digital token, but his continuing sales of the token have dramatically risen over the past few weeks.

Jed McCaleb, who left Ripple a few years ago and is now co-founder of a competing outfit called Stellar, could put pressure on the cryptocurrency by increasing sales of the tokens, called XRP.