Ripple co-founders and early insiders have offloaded billions of dollars in XRP, despite ongoing legal challenges with the SEC. Key figures such as Chris Larsen and Jed McCaleb have collectively amassed a net worth of $14.7 billion. In 2025, Larsen transferred hundreds of millions of dollars in XRP to exchanges, while McCaleb completed the sale of 5.7 billion XRP, generating $3.1 billion.
The SEC's lawsuit against Ripple, Larsen, and Brad Garlinghouse, initiated in 2020, concluded with a $125 million settlement in 2024. However, the deletion of the XRP Ledger’s first 32,569 blocks in 2012 has obscured early transaction history, complicating transparency regarding these sales.
Ripple Founders Sell Billions in XRP Amid SEC Legal Challenges
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