Ripple co-founder Chris Larsen has once again caught the attention of the cryptocurrency community with his latest XRP transactions.
Chris Larsen's XRP Transfers
64-year-old billionaire Chris Larsen recently made several large XRP transfers. On Monday, he sent 3 million XRP tokens to Binance and 15 million tokens to a Bittrex-activated wallet.
Community Reaction
The recent transfers have puzzled the XRP community. Some members half-jokingly suggested that Larsen might use the funds to buy another Porsche supercar. Last year, the Ripple co-founder attracted attention on social media with his Porsche 918 Spyder, worth seven figures.
Larsen's Financial and Social Activities
Chris Larsen is also deeply involved in San Francisco's political life, spending millions of dollars on supporting various politicians. Recently, Larsen led the funding round for the cryptocurrency-based decentralized clearing network Yellow, alongside backers such as Consensys and Moonrock Capital. The Ripple co-founder is also known for investing in numerous security cameras installed throughout San Francisco.
Chris Larsen, one of Ripple's co-founders, continues to draw attention both for his financial transactions and his social activities. Despite the decrease in XRP's value, his net worth is estimated at $3.2 billion, making him one of the richest figures in the cryptocurrency world.
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