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During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of 

 tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million 

 worth $22 million after selling 95 million 

Ripple Cofounder Sells 38 million Coins on Valentine’s Day

The cofounder and former Ripple executive, Jed McCaleb has been a topical conversation in recent days since the founder has been selling a lot of 

. News.Bitcoin.com has been covering a number of McCaleb’s 

During the month of February, it has been no different, as reports have been showing McCaleb’s alleged wallet called ‘Tacostand’ making regular sales. In our last report, news.Bitcoin.com explained that the analyst Leonidas Hadjiloizou has been monitoring McCaleb’s 

 sales and tweeting about the dumps regularly.

On Sunday, February 14, otherwise known as Valentine’s Day, McCaleb sold even more 

 shows that the former Ripple executive’s ‘Tacostand’ wallet sold 38 million 

 worth $22 million. Hadjiloizou tweeted about this event, and he believes that McCaleb will be selling more this week.

 the company Ripple Labs has been facing with U.S. regulators. Hadjiloizou 

 sales ever since the SEC lawsuit was announced.” But then the Tacostand address began selling again shortly after.

, the plaintiff Sostack has filed a motion to compel Ripple to produce improperly withheld email communications between the company and the U.S. Securities Exchange Commission (SEC).

During the first two weeks of February, McCaleb has kept the sales going, while 

 has also seen a price spike in the last fourteen days. Before Sunday’s 38 million 

 the week prior. That’s just a touch over $1 billion using today’s 

 exchange rates. McCaleb is also a notable crypto-billionaire and one of the top 100 wealthiest individuals on earth.

What do you think about Jed McCaleb’s recent sales and the legal troubles Ripple has been dealing with in recent times?

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