Ripple Co-Founder Chris Larsen Holds Over 2.7 Billion XRP Amid Controversy and Exchange Transfers

On March 3rd, COINOTAG News highlighted critical insights from blockchain investigator ZachXBT. He drew attention to the implications of the newly established US Crypto Reserve and its potential impact on the market. Notably, Chris Larsen, the co-founder of Ripple, reportedly retains over 2.7 billion XRP, which is currently valued at approximately $7.18 billion. In a notable development, Larsen’s associated addresses transferred more than $109 million XRP to various exchanges in January 2025. The longevity of several dormant addresses, dating back 6-7 years, implies that Larsen might have either lost access to these holdings or could have transferred the assets to third parties as early as February 2013. Additionally, it is worth noting that Larsen suffered a security breach last year, resulting in a substantial loss of $112 million.