Ripple Board Member Jesse Powell Resigns in the Wake of Founder Sell-Off

[liondani]

"When it rains, it pours, especially when it is raining bad news. If Ripple investors didn’t believe that before, they certainly do now. Just yesterday, CCN reported that Ripple Labs co-founder Jed McCaleb decided to sell the entirety of his XRP stock, which decreased the XRP exchange value by an astounding 40% in less than 24 hours. Now, a board member has resigned, leaving investors anxious about the company’s future."

Read more here:
http://www.cryptocoinsnews.com/news/ripple-board-member-jesse-powell-resigns-wake-founder-sell/2014/05/24