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Ripple coins, an alternative to Bitcoin, took a dive this Thursday when founder Jed McCaleb announced that he will be liquidating his whole stake. The announcement caused the price of Ripple coins to dive 65% over a 24-hour time frame after McCaleb made the announcement. He wrote...

When MtGox filed for bankruptcy protection, it cited that it had lost a total of 850,000 bitcoins. Jed McCaleb, the original founder of the failed Bitcoin exchange told Arstechnica that he had lost $50,000 when the exchange fell apart. MtGox had allowed users to hold both US...