What started as suspicion of cheating ended with an arrest for the theft of XRP/USD. Nancy Jones, a widow of the George Jones campaign icon, says that her longtime partner, Kirk West, stole more than $ 17 million in XRP from his Tennessee house.
DANG, you never want to see it happen at your XRP. Rip.
According to reports, with doubts about West’s loyalty, Jones asked his nephew to verify his money, just to find that a registry wallet and $ 400,000 in cash had disappeared. That wallet contained over 5.5 million token XRP.
West was taken from the police at Nashville international airport on July 24, just as the Franklin police opened their investigations.
XRP/USD: attempted extortion and partial recovery
The court documents claim that West subsequently contacted Jones and offered to return only a part of the stolen funds.
“He said he would connect me $ 5 million and this was all I would receive,” said Jones, according to the criminal security declaration.
Although Jones was able to recover about 5 million XRP, he has still undergone a loss of over 483,000 token. West is now accused of theft of crimes over $ 250,000 and its bond is set at $ 1 million.
Friend in Nashville stole 5.5 m XRP from a widow of country music. He said he was a cryptocurrency expert. RIP to trust
– Cryptosangeet (@cryptosangeet) 29 July 2025
The theft adds a layer of dramas to what has already been a demanding week for Ripple’s workshops. On July 25, Ripple published a new report that explores how Stablecoins is modeling the global payment infrastructure. The company has highlighted that Stablecoins are becoming increasingly important in the regions with local volatile currencies and limited usd access.
“Stablecoins such as USDC, USDT, Rust and more recent specific token of the region are integrated into wallets and payment platforms all over the world,” wrote Ripple.
Traditional finance embraces XRP Stablecoin Tech
The invasion of Stablecoin by the Legacy loan is well started.
- Visa has now developed over $ 225 million in Stablecoin payments.
- Mastercard is pushing the debit cards connected to Stablecoin.
- Worldpay is expanding stablecoin payments to the United States and Europe.
And XRP seems to be one of the coins in the center of this revolution, so be sure to protect those coins!
“From networks based on blockchain to mobile money aggregators, the financial services ecosystem is evolving quickly … Stablecoins and Fintech innovators are transforming global transactions”. -Ripple Foundation
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Keyway keyway
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What started as suspicion of cheating ended with an arrest for the theft of XRP/USD.
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“Stablecoins such as USDC, USDT, Rust and more recent specific token of the region are integrated into wallets and payment platforms all over the world,” wrote Ripple.
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