XRP Investors Warned After Fake Staking Platform Steals $19 Million

The post XRP Investors Warned After Fake Staking Platform Steals $19 Million appeared first on Coinpedia Fintech News

Seoul police have arrested three suspects behind a fake XRP staking platform that defrauded 71 investors of roughly 3.4 million XRP, worth approximately 12.3 billion won ($19 million), by promising guaranteed monthly returns on virtual asset deposits. The Seoul Metropolitan Police Agency’s cyber investigation unit said Thursday it arrested the suspects on charges of fraud …