Finder.com’s fintech and cryptocurrency specialists have provided their predictions on XRP. Finder experts believe that the XRP future price will be eventually determined by the outcome of the SEC lawsuit. In the event that Ripple Labs wins its legal battle with the U.S. Securities and Exchange Commission(SEC).
According to Finder’s analysts, the price of XRP might rise to $3.81 by the end of 2025. However, if Ripple Labs loses the lawsuit, according to Finder’s panel of experts, XRP would only be valued at $0.98 by 2025, and 48% believe it might go below $0.50.
According to Gate.io’s global head of PR and communications, Dion Guillaume, if Ripple Labs wins in the lawsuit, XRP will be worth $2 by 2025 and $0.75 if Ripple Labs loses.“If they get the green light, XRP may get listed on all the exchanges that had previously delisted it,” Guillaume stated.
43% of Finder’s cryptocurrency and fintech specialists think Ripple Labs will just shift to another jurisdiction if the case is unsuccessful. Ripple would not likely move to a new jurisdiction, according to 26% of the panelists, and 31% of the experts were doubtful.
As reported by Bloomberg, US authorities charged Gary Harmon with a very unusual crime: remotely accessing Bitcoin that was kept on a computer the agency had already seized in a case against his older brother, Larry Harmon. 713 coins, then worth roughly $5 million, were stolen from the “hardware wallet” that was being held in an evidence locker while officials watched helplessly.
Larry Harmon admitted to laundering $311 million through cryptocurrencies but swore he had nothing to do with the disappearing act. Instead, Larry, 39, blamed Gary, 30, and ultimately assisted in getting him arrested.
In terms of crypto law enforcement, Larry’s arrest in February 2020 was kind of a turning point. It was the first time someone had been charged with crimes linked to “mixing,” a process that makes it considerably harder to trace transactions by mixing together tokens from multiple owners, in addition to the significant amounts of money involved.
Larry developed the Grams search engine in 2014 to assist users in searching the darknet for illegal weapons, drugs, and hacking services. Then users could pay via a mixing service he ran called Helix, earning Larry 2.5% of each transaction.
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