Fox reporter Eleanor Terrett hinted at upcoming investigations related to XRP and Ethereum. His attention stems from discussions within the crypto community, particularly centered on a 2021 proposal from Jimmy Vallée. Vallée suggested that the US Federal Reserve could buy back XRP tokens at the ambitious price of $30,000 each.
The history of Ethereum under scrutiny
Steven Nerayoff’s allegations regarding Ethereum and his DAO hack have gained attention. Vallée requested that these issues be highlighted on Fox. Digital Asset Investor also supports the idea of discussing the Ethereum DAO hack on Fox, suggesting it could be described as an inside job.
Terrett’s remarks also brought back previous claims against Ethereum co-founders, including Vitalik Buterin. Although there have been talks of a major report from Fox, no concrete developments have been made yet.
Unresolved questions remain
In 2016, the Ethereum DAO faced a major hack, resulting in the loss of millions of ETH. The origin of the hack remains a matter of speculation. Terrett plans to explore both the DAO hack and the controversial ETH Gate theory this year.
XRP’s High-Stakes Proposal: Is the FED Interested?
Terrett also revisited a proposal suggesting the Federal Reserve could buy back XRP at a high rate of $30,000 per token. This proposal envisioned XRP as a global currency, backed by major government institutions.
However, doubts surround this idea. Ripple CTO David Schwartz criticized the proposal, questioning its legitimacy. Some key figures in the XRP community, such as John Deaton, have distanced themselves from the idea, considering it improbable. Still, XRP supporter Eri believes the proposal is worth investigating.
Terrett’s comments spark discussion
Although the proposal failed due to backlash and was dismissed as improbable, Terrett’s recent mention has reignited interest in this theory within the XRP community. Pro-XRP figures, including Eri, have shown their anticipation of Terrett’s possible investigation. However, there is uncertainty over the seriousness of Terrett’s statements and whether they signal a genuine investigative effort or are simply a response to ongoing discussions and criticism within the crypto community.