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XRP Surge: Chris Larsen’s $60.5M Move

Ripple Co-Founder Chris Larsen Moves $60.5M in XRP Amid US SEC Filing

  • Chris Larsen transferred XRP coins worth $60.54 million to an unknown wallet.
  • The transfer involved 20 million XRP tokens.
  • An earlier transaction saw over 31.17 million XRP coins moved to Coinbase, valued at more than $80.59 million.
  • The US SEC has filed a fresh appeal against a judgment declaring XRP not securities.
  • XRP price surged over 10% in the last 24 hours, reaching $3.11.

Ripple co-founder Chris Larsen’s transfer of $60.54 million in XRP to an unknown wallet coincides with a new SEC appeal challenging the token’s non-security status, amidst rising prices and investor interest.

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