News: The Ripple enthusiast who died leaving $1 Bn in XRP to no one

The billionaire had invested $2 MM in XRP, which had grown to a whopping $1 Bn when XRP was at its peak. And it wasn’t just XRP he had invested in, he had also bought BTC and other cryptocurrencies. He had made his first billion with his cryptocurrency holdings. Mellon recently made it to the news because of his lavish cryptocurrency holdings. However, the news is far from celebratory. He died leaving $1 Bn in XRP to no one.  

Matthew Mellon’s case again brings our attention the billion dollar issue facing the cryptoverse — How does one ensure that their crypto-investments will be transferred safely to their assigned beneficiaries upon their death? Mellon’s cryptocurrency investments are locked away in his wallet, and no one can access those wallets without their passwords. He has left behind a wife and three children, and they will not be able to have any of that money if they are unable to find the passwords to Mellon’s cryptocurrency wallets. 

Solution:-

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