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.