The cofounder and executive chairman of blockchain company Ripple, whose XRP token is currently the 8th largest cryptocurrency, Larsen has kept busy fighting against a Securities and Exchange Commission lawsuit–firstin December 2020–that alleges Ripple’s initial coin offering was an unlawful offer and sale of unregistered securities. Still winding its way through federal courts, the case is perceived by many crypto watchers as a landmark one for future token sales.
Separate from his legal challenges, the 61-year-old Larsen has partnered with climate groups to launch a campaign–“Change the Code, Not the Climate”–to pressure the Bitcoin community to reduce the digital asset’s heavy carbon footprint.Citizenship: U.S.The twin brothers–best known as Mark Zuckerberg’s college nemeses –have turned their $65 million settlement with Zuck into digital gold, amassing crypto fortunes of roughly $4 billion apiece.
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