$400 million XRP in illegal activities squash Ripple efforts?

The latest investigation reveals the use of as many as $400 million worth of XRP in illegal activities, and the counter effect may squash Ripple Foundation’s efforts to build the brand name through partnerships. Elliptic, a blockchain-based company that specializes in risk management for the cryptoassets, has recently discovered $400 Million in illegal XRP transactions, thereby, making it about 0.2 percent of the total transaction of the network. Elliptic is now monitoring XRP, adding it to the list of cryptoassets that the firm monitors. Hence, 0.2 percent of all the XRP transactions, which is $400 Million linked to criminals and