Fake XRP Staking Site Steals 3.4M XRP From 71 Investors In One Week

Fraudulent platform impersonating XRP staking services defrauded 71 victims of 3.4M XRP in under seven days, utilizing fabricated branding to deceive users.

Woofun AI reports that a fraudulent staking platform stole 3.4M XRP from 71 investors within a single week, according to Seoul police. The operators constructed a deceptive environment using borrowed branding and manufactured testimony rather than relying on a single webpage. Authorities note that the traced amount suggests the actual number of victims may be higher.