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South Korea Arrests Three Suspects Over Fake Flare Network XRP Scam

Covered by 2 sources · 2 articles

2 outlets - including Cryptopotato and Coinedition - are covering this story. The scam targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars worth of digital assets.

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South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP
CryptoPotato Jul 30, 21:54 UTC

South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP

The scam targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars worth of digital assets.

South Korea Arrests Three Suspects Over Fake Flare Network XRP Scam
CoinEdition Jul 30, 15:18 UTC

South Korea Arrests Three Suspects Over Fake Flare Network XRP Scam

The police in Seoul, South Korea, have arrested three individuals for allegedly engaging in fraudulent XRP staking using a fake platform. The alleged criminals stole about 3.4 million XRP from 71 victims, equivalent to approximately $8.55 m…