Federal Reserve Offers $30,000 XRP: Fox News Journalist Drops Investigative Lead
Fox journalist Eleanor Terrett hinted at future investigations involving XRP and Ethereum. Her focus comes from discussions within the cryptocurrency community, particularly around Jimmy Vallee’s 2021 proposals. Vallee suggested that the U.S. Federal Reserve might buy back XRP tokens for $30,000 each.
Ethereum’s history under scrutiny
Steven Nerayoff’s claims about the Ethereum and DAO hacks have garnered attention. Vallee demanded that these issues be highlighted at Fox. Digital Asset Investor also supports the idea of discussing Fox’s Ethereum DAO hack, suggesting it could be portrayed as an inside job.
Terrett’s comments also revived past claims against Ethereum’s co-founders, including Vitalik Buterin. There has been talk of a major report from Fox, but no concrete developments have emerged yet.
Unresolved questions remain.
In 2016, the Ethereum DAO faced a serious hack that resulted in the loss of millions of dollars in ETH. The origins of the hack are still a subject of speculation. Terrett plans to investigate both the DAO hack and the controversial ETH Gate theory in more detail this year.
XRP’s High-Risk Offering: Is the FED Interested?
Terrett also revisited a proposal that the Federal Reserve could buy back XRP at a price as high as $30,000 per token. The proposal envisions XRP as a global currency backed by major government entities.
However, this idea is questionable. David Schwartz, Ripple’s CTO, criticized the proposal, questioning its legitimacy. Some leading figures within the XRP community, such as John Deaton, distance themselves from this idea and consider it unlikely. However, XRP supporter Eri believes this proposal is worth investigating.
Terrett’s comment sparks discussion
Terrett’s recent comments have reignited interest in the theory within the XRP community, despite negative reactions fluttering the suggestion and dismissing it as improbable. Pro-XRP figures, including Eri, showed anticipation for Terrett’s potential investigation. However, there is uncertainty as to the seriousness of Terrett’s comments and whether they represent a genuine investigative effort or simply a response to ongoing debate and criticism within the cryptocurrency community.