Ripple co-founder is selling XRP at an accelerated pace
UPDATED: September 25, 2018, 9:46AM EDT

Partner offers
We'd love your feedback.
Advertisement
Jeb McCaleb, who left Ripple in 2013, holds ~7.3% of the total supply of XRP. Since August 2018, McCaleb has been selling more than 500,000 XRP per day — 35 times the limit outlined in his 2016 agreement with Ripple. McCaleb is currently the CTO and a co-founder of Stellar, a direct competitor of Ripple. (Source: WSJ)
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

