South Korea Busts $9M XRP Scam After Fake Staking Site Traps 71 Investors in Just 7 Days

5 days ago 3

Rommie Analytics

Key Takeaways:

Three suspects have been detained by South Korean police over a XRP investment scam worth 12.3 billion won.
The group is reported to have defrauded at least 3.4 million XRP by pushing fake fixed-return staking offers.
Authorities seized some of the stolen digital currency and still cast their nets for an overseas culprit.

User Score

8.7

Web Analytics