Ripple Labs strikes deal with co-founder Jed McCaleb to prevent massive selloff of XRP
In May, Ripple Labs co-founder Jed McCaleb announced that he was planning to sell off his holdings of XRP after a seemingly acrimonious split from the company. As one of the founders of the Ripple project, McCaleb owns 9 billion XRP, or nearly 9% of the total supply of Ripple’s currency tokens. The announcement sent…
