Controversial American media personality Alex Jones issued an alarming warning to XRP holders, arguing that governments could attempt to seize private assets as the global financial system comes under mounting pressure. He clarified that he was not making a specific price prediction for XRP and did not consider himself an expert on cryptocurrency. Jones alleged that the U.S. Federal Deposit Insurance Corporation (FDIC) and European authorities had discussed mechanisms that could result in private financial assets being used or impaired during a systemic banking crisis. However, XRP ecosystem contributors criticized the sensationalism of his remarks, pointing out that the FDIC has never announced a policy to seize people’s cryptocurrency and that covered deposits are explicitly excluded from bail-in powers.
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