vrippled Posted November 9, 2018 Share Posted November 9, 2018 https://bitcoinexchangeguide.com/ripple-investors-stunned-as-40-million-xrp-coins-move-to-former-creator-jed-mccaleb/ Transaction Type: Payment Amount: 40,987,588.71 XRP Fee: 12 drops (0.000012 XRP) Sender: r4LxkCUXYTCUgwquN3BnsUxFacoVLjGFyF Sender Balance: 131,004,258.994122 Receiver: rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv Receiver Balance: 69,689,385.871455 Link: https://t.co/tBIi1KlTrw — XRPL Monitor (@XRPL_Monitor) November 7, 2018 "...Many XRP investors are probably familiar with Jed McCaleb, considering he was formerly an executive for Ripple. No one really knows why he received such a high amount, but there are suggestions that the co-founders are working on something new. No sooner than the funds went through, the Ripple community started chatting on the two factors that stood out the most – the uniqueness of the transaction and the high amount of XRP it uses. The transaction cost less than a penny, and it did not take long for a user to identify the wallet as McCaleb’s. Another user suggested that this action is a pump and dump scheme. There are plenty of reasons that this transaction could have taken place. Some suggested that it could be for a new Ripple venture, while others believed that it could be a way to show how little their cost is. So far, there are only theories and facts, and the facts are pretty straightforward. The receiver is, in fact, Jed McCaleb, current owner of Stellar, creator of the Mt. Gox exchange, and former executive for Ripple. Sources believe that the sender is Ripple itself, though the question still remains – why are these two co-founders exchanging funds? Funnily enough, it is not the first time. Three months ago, another $2.3 billion in XRP was moved between the two parties...." DavyJones, xWelfare and Yhodla 1 2 Link to comment Share on other sites More sharing options...
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