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Interesting fact: co-founder of Ripple once "burned" 50 billion XRP.
In 2014, Jed McCaleb, one of the founders of Ripple, left the company due to a conflict with the management. To prevent a sharp drop in the XRP price due to a possible mass coin sell-off, Ripple froze his tokens. Later, the company burned 50 billion XRP (meaning they were permanently removed) to reduce the overall supply and increase the coin's scarcity.