Seoul police arrested three people over a fraudulent XRP staking platform that took about 3.4 million XRP from 71 victims, with roughly 27.3 billion won ($19 million) reaching the operators' wallets. The site impersonated the Flare Network and FXRP projects, timed to their launch, and a fourth suspect is overseas under an Interpol red notice, police said.
seoul-police-arrested-three-people-over-a-fraudulent-xrp-staking-platform-that-took-about-3-4-million-xrp-from-71-victims-with-roughly-27-3-billion-won-19-million-reaching-the-operators-wallets-2

Seoul police arrested three people over a fraudulent XRP staking platform that took about 3.4 million XRP from 71 victims, with roughly 27.3 billion won ($19 million) reaching the operators' wallets.

The site impersonated the Flare Network and FXRP projects, timed to their launch, and a fourth suspect is overseas under an Interpol red notice, police said.