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Crypto Billionaire, Ripple Founder Jed McCaleb’s Nonprofit Lent Money To Genesis

Por: Forbes Business January 20, 2023

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Jed McCaleb, an early cryptocurrency pioneer, has become a billionaire as XRP has soared. Photo by Stellar Development Foundation The Stellar Development Foundation, a nonprofit organization created by Jed McCaleb in 2014, is owed $13.2 million by Genesis, the bankrupt crypto lending firm. Crypto lending firm Genesis filed for bankruptcy in the Southern District of New York on Thursday evening, making it the latest casualty of the crypto market... + full article



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