AiCoin
AiCoin|Nov 06, 2025 22:05
[Ripple Co-Founder Chris Larsen's Wealth Increases to Approximately $15 Billion] Ripple co-founder and chairman Chris Larsen's wealth has increased to approximately $15 billion. The U.S. Securities and Exchange Commission (SEC) concluded its five-year lawsuit against Ripple this August. This week, investors, including funds associated with Fortress Investment Group and Citadel Securities, injected $500 million into Ripple, bringing the company's valuation to $40 billion. The increased acceptance of cryptocurrency by the U.S. government and Wall Street is considered one of the factors driving this change.
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