Mellon spent $2 million buying XRP because he liked that the Ripple team was working within the banking system, where at the time he said: “Crypto is scary and dark. It’s anti-America.
I am pro-America, pro-business and pro-bank. That’s why I went with Ripple”.
At the peak of XRP, Mellon’s bag of Ripple was worth $1 billion and his family cannot find the password to access the funds. Mellon, up until his death, was spending $7 million a month before he was found dead in his Mexico hotel room on April 16.
Mellon made a name for himself in fashion, and then made his first billion with XRP, but struggled with drug addiction throughout his life. Mellon leaves behind a wife and three children. Read more from tweaktown.com…
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