Ripple Labs co-founder Jed McCaleb finally emptied the last of his 9 billion XRP from his famed “Tacostand” wallet on Sunday, ending a marathon sell-off that has been eight years in the making.
On Friday, a satirical article from “The Crypto Town Crier” led some to believe that McCaleb decided to hold onto his last five million XRP “just in case it moons.”
“McCaleb, who has sold multiple billions of XRP since leaving Ripple in 2014, said he woke up in a cold sweat Thursday night and realized he just couldn’t let the last of his holdings go,” wrote the authors behind the satire piece. The Crypto Town Crier is a satirical news site with the tagline “Where truth matters more than accuracy.”The price of XRP is currently sitting at 0.3564, up 0.82% over the last 24 hours. The asset is down almost 90% from its January 2018 all-time high of $3.40.
Ripple Labs has been embroiled in a lawsuit filed by the Securities and Exchange Commission since late 2020, with the latter alleging Ripple and its executives had offered XRP as unlicensed security to investors.in its case against Ripple after a U.S. judge ruled that the SEC must produce internal documents relating to the “Hinman speech,” which could be a pivotal piece of evidence in support of Ripple’s defense.
Should Ripple be successful in arguing that XRP is not a security, some believe this ruling could set a precedent for other similar crypto token issuers while boosting XRP prices.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Ripple Co-Founder Jed McCaleb Made U-Turn on Selling His Last 5 Million XRP; Here's WhyHere is why former Ripple CTO JedMcCaleb is holding on to his remaining 5 million XRP RippleXRP XRPArmy XRPCommunity XRPHolders XRPthestandard Crypto
Consulte Mais informação »
XRP Rapid Trading Volume Surge May Result in Unusual Price Action$XRP network saw an anomaly again, may result in unusual XRP price action xrparmy xrpholders xrpusd
Consulte Mais informação »
BTC, ETH, XRP, BNB, AVAX and DOT Price Analysis for July 16Is the current drop a correction before an upcoming mid-term rise? Polkadot polkaworld_org Polkadot Qinwen_Wang KaruraNetwork XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie crypto Ethereum ETH $ETH cryptoexchange VitalikButerin
Consulte Mais informação »
‘Bachelorette’ alum Jed Wyatt engaged to Ellen Decker“Ellen is the coolest, most fun, funny, down to earth, hardest working, healthiest eating, routine doing, long walking, breath of fresh air I’ve ever met.”
Consulte Mais informação »
The Bachelorette's Jed Wyatt Engaged to Ellen Decker After Hannah Brown Breakup - E! OnlineThe Bachelorette alum Jed Wyatt is engaged to fitness coach Ellen Decker. Find out the romantic way he popped the question below.
Consulte Mais informação »
She Said Yes! The Bachelorette's Jed Wyatt Is Engaged to GF Ellen DeckerShe said yes! 💍 After nearly three years of dating, BachelorNation alum Jed Wyatt and GF Ellen Decker are engaged.
Consulte Mais informação »