Jed McCaleb News
Jed McCaleb is an American software developer and entrepreneur. Jed Mccaleb is CTO at Stellar, which he co-founded with Joyce Kim in 2014. He is famous for the creation of the Mt.Gox exchange platform, the Ripple cryptocurrency and the eDonkey network. Many of his projects already became a part of cryptocurrency history: with Mt.Gox being the long-time, biggest Bitcoin exchange that he left before its collapse, and with both Ripple and Stellar being some of the most major cryptocurrencies to this day. Jed’s products are some of the most appreciated blockchain-based initiatives in terms of media and fintech sector’s reception. Most of his projects are already working with various financial services companies and major IT companies, such as IBM. Jed McCaleb’s net worth is estimated around $20 billion, most of which os stored in Ripple tokens.
General counsel for Ripple Stu Alderoty predicted Joe Biden’s administration would likely “help level the playing field” for crypto.
Ripple pins hopes on Biden administration as co-founder sells 28.6M XRP
Ripple co-founder Jed McCaleb appears to have enjoyed a prosperous 2020, having sold more than $400 million worth of XRP over the last 12 months.
Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020
The digital asset manager has reduced its holdings of both cryptocurrencies significantly.
Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020)
A report from Flipside Crypto delves into why XRP trading drops significantly on weekends.
New Report Explains Why XRP Takes Weekends Off
Ripple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity.
Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April
Ripple co-founder Jed McCaleb has sold more than a billion XRP so far and has another 4.7 billion left to sell, according to a new analysis.
Ripple Co-founder Jed McCaleb Sold a Billion XRP and Has 4.7B Left
Two traders are suing Mt. Gox founder Jed McCaleb, and allege he knew of “serious security risks” years before 850,000 BTC was stolen in a devastating hack.
Mt. Gox Founder Knew of Security Risks Years Before Collapse, Lawsuit Claims