A new study reveals that Ripple Labs made more than half a billion dollars during the 2018 bear market by dumping pre-mined XRP tokens on to investors. Ripple Hits 19-Month Low It’s common knowledge that when Ripple was first created, all 100 billion XRP tokens in the total supply were pre-mined prior to launching. 80% of these tokens were distributed among the Co-Founders and operating bodies of the company, which over time have been routinelyRead MoreThe post Ripple Labs Made $533.7M Dumping XRP in 2018, Token Still Down 82% appeared first on Bitcoinist.com.
