25-3-2025 – Valhil Capital’s founder Jimmy Vallee has mounted an ambitious campaign seeking $500 billion in restitution for XRP token holders, following the protracted legal dispute with American financial regulators.
The initiative emerges as a response to the devastating market impact of the US Securities and Exchange Commission’s 2020 legal action against Ripple, which sent shockwaves through the digital currency landscape. The regulatory intervention prompted a catastrophic 75% plummet in XRP’s value, whilst numerous trading platforms hastily withdrew the token from their offerings.
Through his newly established Crypto Justice Coalition, Vallee champions the interests of more than 76,000 XRP holders who found themselves caught in the regulatory crossfire. These investors, previously represented by legal counsel John Deaton during the Ripple proceedings, stand to benefit from the proposed compensation scheme.
The compensation figure, whilst appearing astronomical, reflects Vallee’s conviction that XRP’s trajectory would have mirrored the remarkable ascent of its digital counterparts, Bitcoin and Ethereum, had regulatory intervention not occurred. His analysis suggests XRP could have substantially exceeded its historic peak of $3.84, potentially commanding a value of $10 in today’s market.
In a notable departure from conventional legal strategy, Vallee has expressed reservations about pursuing redress through federal courts, citing concerns over institutional prejudice. Instead, his team is exploring alternative legal mechanisms and regulatory dialogue to advance their cause.
The initiative has gained renewed vigour following the SEC’s decision to withdraw its case against Ripple. Despite XRP’s current market capitalisation hovering around $140 billion, Vallee maintains that the token’s potential valuation, projected between $8 and $10, would have yielded a market worth exceeding $500 billion, forming the basis for his substantial restitution claim.