Altcoinist
Image default
Crypto News

Seoul Police Arrest Three in $19M Fake XRP Staking Scam

Hand holding a phone with cash flying out near an XRPL logo labeled FAKE.

The post Seoul Police Arrest Three in $19M Fake XRP Staking Scam appeared first on Coinpedia Fintech News

South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns.  Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows total wallet flows linked to the operation reached 27.3 …

Related posts

Is Japan About to Trigger the Biggest XRP Move Ever? Here’s What the Charts Are Saying

Antonio M. Foster

Ripple Launches Ripple Mint for Institutional RLUSD Stablecoin Management

Antonio M. Foster

Cardano Founder Charles Hoskinson Accuses Ripple of Using the CLARITY Act to Crush Competition

Antonio M. Foster