XRP Staking Scam Hits 71 Investors as Losses Near $19 Million

TLDR: The XRP staking scam allegedly took 3.4 million XRP from 71 investors, while police estimate total losses could ultimately approach $19 million. Investigators say the fraudulent FXRP Network site promised monthly returns of 1.5% to 1.8% while misusing a legitimate asset name. Seoul police froze about 17.3 billion won in virtual assets within three [...]

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