The case has escalated. The cryptocurrency controversy in Tennessee, USA, has taken many twists and turns.



Kirk West, accused of stealing over $11 million worth of XRP from Nancy Jones, the widow of country music legend George Jones, recently filed a countersuit. He outright denies the theft and instead claims that the assets were accumulated during his relationship with Nancy Jones through "smart crypto investments," and that he is legally entitled to a share.

The details are as follows: When West was arrested last year, police accused him of stealing approximately $400,000 in cash and over 5.5 million XRP. The case involves multiple cryptocurrencies, including XRP, ETH, DOGE, SHIB, and XLM. Nancy Jones stated that her Ledger hardware wallet was hacked; although she later recovered about 5 million XRP, roughly 483,000 XRP (worth over $1 million at current prices) remains missing.

Even more astonishing, West's countersuit not only seeks a division of assets but also requests a share of about $5 million in gold and silver and $1 million in cash. He also accuses Nancy Jones of fraud and defamation.

This case highlights a broader issue: the legal definition and ownership of crypto assets still exist in a gray area. Who invested first, who earned what, and who should get a share—these questions challenge traditional legal frameworks in the face of blockchain records. The security of Ledger wallets has also become a focal point—how were the private keys leaked? These are questions worth paying attention to.
XRP4.26%
ETH6.35%
DOGE6.28%
SHIB2.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SmartMoneyWalletvip
· 5h ago
483,000 XRP mysteriously disappeared. The real highlight is the details of the private key leak. Is Ledger really secure?
View OriginalReply0
SellLowExpertvip
· 5h ago
Ha, this reversal script is really outrageous. "Wise investment"? Uh, it's wise theft, right?
View OriginalReply0
ConfusedWhalevip
· 5h ago
This counterclaim is really impressive, turning a theft case into a property division dispute.
View OriginalReply0
SadMoneyMeowvip
· 5h ago
This guy's counterclaim move is really clever—stealing first and then dividing the property. The old judge must have been stunned, haha.
View OriginalReply0
SneakyFlashloanvip
· 5h ago
This guy really dares to do that. Stealing is turned around and called "shared wealth," how speechless the judge must be.
View OriginalReply0
TheShibaWhisperervip
· 5h ago
Really impressive. This guy really dares to countersue.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)