Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Bitcoin News»$17M XRP/USD Heist: Widow of Country Legend George Jones Victimized in Crypto Theft
    Bitcoin News

    $17M XRP/USD Heist: Widow of Country Legend George Jones Victimized in Crypto Theft

    FintechFetchBy FintechFetchJuly 30, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    What started as a suspicion of cheating ended with an arrest for XRP/USD theft. Nancy Jones, widow of country icon George Jones, says her longtime partner, Kirk West, stole more than $17 million in XRP from her Tennessee home.

    Dang, you never want to see that happen to your XRP. RIP.

    Reportedly, with doubts about West’s loyalty growing, Jones asked her granddaughter to check on her money, only to find that a Ledger wallet and $400,000 in cash were gone. That wallet held over 5.5 million XRP tokens.

    West was picked up by police at Nashville International Airport on July 24, just as Franklin police opened their investigation.

    XRP
    Price
    Market Cap
    XRP
    $183.49B
    24h7d30d1yAll time

    XRP/USD: Attempted Extortion and Partial Recovery

    Court documents allege that West later contacted Jones and offered to return only a portion of the stolen funds.

    “He said he would wire me $5 million and that was all I was going to get,” Jones recounted, per the criminal affidavit.

    Although Jones was able to recover approximately 5 million XRP, she still suffered a loss of over 483,000 tokens. West now faces charges of felony theft over $250,000, and his bond is set at $1 million.

    Dude in Nashville stole 5.5M XRP from a country music widow. Claimed he was a crypto expert. RIP to trust 😬🎭

    — CryptoSangeet (@CryptoSangeet) July 29, 2025

    The theft adds a layer of drama to what’s already been a busy week for Ripple Labs. On July 25, Ripple published a new report exploring how stablecoins are shaping global payment infrastructure. The company highlighted how stablecoins are becoming increasingly important in regions with volatile local currencies and limited USD access.

    “Stablecoins like USDC, USDT, RLUSD, and newer region-specific tokens are being integrated into wallets and payment platforms worldwide,” Ripple wrote.

    Traditional Finance Embraces XRP Stablecoin Tech

    The stablecoin invasion by legacy finance is well underway.

    • Visa has now processed more than $225 million in stablecoin payments.
    • Mastercard is pushing out stablecoin-linked debit cards.
    • Worldpay is expanding stablecoin payouts across both the U.S. and Europe.

    And XRP looks to be one of the coins at the center of this revolution, so make sure to keep those coins safe!

    “From blockchain-based networks to mobile money aggregators, the financial services ecosystem is evolving fast… Stablecoins and fintech innovators are transforming global transactions.” -Ripple Foundation

    EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

    DISCOVER: Best Meme Coin ICOs to Invest in 2025

    Join The 99Bitcoins News Discord Here For The Latest Market Updates

    Key Takeaways

    • What started as a suspicion of cheating ended with an arrest for XRP/USD theft.
    • “Stablecoins like USDC, USDT, RLUSD, and newer region-specific tokens are being integrated into wallets and payment platforms worldwide,” Ripple wrote.

    The post $17M XRP/USD Heist: Widow of Country Legend George Jones Victimized in Crypto Theft appeared first on 99Bitcoins.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why
    Next Article 4 Steps to Rebrand Your Product So Customers Actually Want It
    FintechFetch
    • Website

    Related Posts

    Bitcoin News

    [LIVE] July 31 Crypto Updates – Bitcoin Holds $118K as Powell Freezes Rates Despite Trump’s Pressure: Best Crypto to Buy Now?

    July 31, 2025
    Bitcoin News

    PayPal Launches “Pay With Crypto” for U.S. Merchants

    July 30, 2025
    Bitcoin News

    SEC Opens Door for In-Kind Redemptions in Crypto ETFs

    July 30, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    “The water is warm, everyone should come in,” Says Brian Armstrong As Coinbase Prepares To Launch Bitcoin Yield Fund

    April 29, 2025

    How to Read Bitcoin Candlestick Charts (No Experience Needed)

    May 26, 2025

    Digitising the Greek Financial Ecosystem: Snappi Opens Waitlist for Neobank

    March 17, 2025

    Metaplanet Makes 3rd Bitcoin Purchase in April, Expands Holdings to Over $423 Million

    April 22, 2025

    Trump Media to Raise $12B Via Securities Offering – More BTC Purchases Incoming?

    June 7, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Bitcoin Price Climbs Above $85,000 As Open Interest Surges 16% In Past Day

    April 13, 2025

    Cup And Saucer Pattern Says XRP Price Rally Is Not Done

    July 25, 2025

    Open Source Powers Payments Across COMESA to Drive Financial Inclusion: By Paula Hunter

    May 5, 2025
    Our Picks

    Trump-Appointed Group Calls For Easier Crypto Regulations From Federal Authorities

    July 31, 2025

    Zopa Selects Thought Machine to Power Next Step Into Everyday Banking

    July 31, 2025

    Thai Google Play Users Can Now Use KASIKORNBANK’s App for In-App Purchases

    July 31, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.