My XRP Plan Was All Wrong

Don’t let a fender bender cost you your XRP. Most crypto holders still treat XRP like a lottery ticket—but the IRS says it’s property. That changes everything. In this story, I uncover the legal and tax risks most of us overlook, and how simple tools like trusts, LLCs, and multiple exchanges could shield your future gains. Plus, I reveal a limited-time Kraken promo, a new Unity Nodes experiment, and why I’ve stopped treating XRP like a scratch card. Subscribe for more in-depth crypto breakdowns. #XRP #CryptoNews #UnityNodes 🔗 Kraken XRP DEAL 👉 Special Link: https://kraken.pxf.io/c/6189776/3300403/10583 👉 Full T&Cs: https://www.kraken.com/en-de/legal/affiliate-incentive-25-xrp-terms Not investment advice. Crypto trading involves risk of loss and is offered to US customers through Payward Interactive, Inc. View legal disclosures at kraken.com/legal/disclosures 📱 Learn More About UNITY 👉 https://unitynodes.io/ 🔗 Free Educational 𝗗𝗶𝘀𝗰𝗼𝗿𝗱: 👉 https://discord.gg/cheekycrypto 🧠 This is a community for educational discussion only. 🚫 No financial advice is provided. 👨‍💼 Admins and moderators are not licensed financial professionals. 📚 Learn: 👉 https://cheekyschool.com/ Educational resource only – no guarantees of financial outcome. ----------------------------------------------------------------- 🎥 OUR YOUTUBE CHANNELS 🔹 Follow Cheeky Crypto 𝗼𝗻 YouTube: / @CheekyCrypto 🔹 Follow Cheeky Crypto Trading 𝗼𝗻 YouTube: / @CheekyCryptoPlus 🔹 Follow Cheeky Crypto News 𝗼𝗻 YouTube: / @CheekyCryptoNews 🔹 Follow Cheeky Crypto Education 𝗼𝗻 YouTube: / @CheekyCryptoEducation 🔹 Follow Cheeky Crypto Unfiltered 𝗼𝗻 YouTube: / @Cheeky_Crypto_Unfiltered ----------------------------------------------------------------- 📱 FOLLOW US ON SOCIAL MEDIA 🐦 Follow us 𝗼𝗻 𝗫: / cheekycrypto 📘 Follow us 𝗼𝗻 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: / cheekycrypto ----------------------------------------------------------------- Check out our Affiliate Offers: We may earn a commission if you sign up through the link below. 👉 https://portal.cheekycrypto.io/cheeky-crypto-affiliate-links/ ----------------------------------------------------------------- ⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 ⚠️ 🛑 DISCLAIMER: This is a channel for entertainment purposes only. All opinions expressed by the hosts and guests should not be construed as financial advice.The views of guests and hosts do not necessarily reflect those of the channel. We do not promote any get-rich-quick schemes, trading strategies that guarantee returns, or risky financial behavior. All trading decisions are your own responsibility. Viewers are strongly encouraged to do their own research. Trading cryptocurrencies carries a significant risk of loss, and no outcome is guaranteed. This Channel does not offer financial services or securities and does not guarantee any results. Affiliate offers are intended only for non-UK residents. This content complies with YouTube's Harmful and Dangerous Content policies and is intended for mature audiences interested in learning about blockchain technology. Some links are affiliate offers. We may earn a commission if you sign up through them, at no additional cost to you. These platforms are not recommendations and are shared for informational purposes only. Offers vary and may not be available in all regions. Please consult your local laws and financial advisor before participating. ----------------------------------------------------------------- Timestamps 00:00 The XRP Risk No One’s Talking About 01:16 Why Crypto as Property Changes Everything 02:00 Your Wallet Could Be Legally Seized 03:08 How Rich Investors Protect Their Crypto 04:19 XRP Estate Planning Secrets 05:32 The $100 XRP Inheritance Strategy 06:34 UK vs US Tax on Inherited Crypto 07:08 $13M Tax-Free Crypto Legacy 08:02 Revocable Trusts for XRP Explained 08:27 Borrowing Against XRP Like Elon Musk 10:11 Self-Custody vs Institutional Custody 11:31 Why I’m Setting Up a Wyoming LLC 13:08 Always Have a Backup Exchange 15:06 How to Get $25 in Free XRP from Kraken 17:09 Mandatory Crypto Investment Disclaimer 20:05 Unity Nodes: My Passive Income Experiment 22:28 Don’t Wait to Protect Your XRP