Could XRP Holders Receive $500B? Valhil Capital Founder Makes the Case
The post Could XRP Holders Receive $500B? Valhil Capital Founder Makes the Case appeared on BitcoinEthereumNews.com.
The Crypto Justice Coalition, supported by over 76,000 XRP holders, aims to seek justice and restitution for the losses incurred due to the legal SEC battle. It asserted that XRP’s price could have reached $8-$10, equating to a $500 billion market cap, had the lawsuit not hindered its growth. Jimmy Vallee, founder and managing director of Valhil Capital, has decided to pursue a $500 billion restitution fund to compensate XRP holders affected by the recently concluded SEC vs. Ripple lawsuit. The SEC’s lawsuit, filed in December 2020, led to a significant sell-off in XRP, with major exchanges delisting the token. This resulted in XRP’s price plummeting by approximately 75%, reaching a low of $0.17 just days after the lawsuit was announced. Thus, Jimmy Vallee’s initiative seeks to recuperate the losses suffered by investors during this time period. $500 Billion Restitution Plan for XRP Holders In efforts to seek $500 billion in restitution for XRP holders, Jimmy Vallee claims that the SEC lawsuit against Ripple has significantly impacted the token’s potential growth. In a recent post on X, Vallee argued that XRP’s price could have surged to three times its previous all-time high. Thus, he emphasized the need for damages to be awarded to XRP investors who suffered substantial losses. Valhil Capital’s advisors highlighted the $500 billion restitution target in a tweet last month. Following the SEC’s dismissal of its lawsuit against Ripple, prominent XRP community figure Crypto Eri noted renewed momentum for Vallee’s bold initiative. According to Crypto Eri, additional details about the restitution plan are expected to emerge in the coming days. The previous statements from Jimmy Vallee also reveals plans to integrate more than 76,000 XRP holders into the Crypto Justice Coalition. These were the early adopters of XRP just when the Ripple lawsuit was filed back in…
Filed under: News - @ March 22, 2025 3:17 am