Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Seoul Police Nab Trio in $8.55M Fake XRP Staking Scam

Guavy AI Editorial Team
Instruments
XRP
Share

Seoul police have arrested three individuals and issued an Interpol Red Notice for a fourth in connection with an $8.55 million fake XRP staking scam.

The suspects allegedly stole around 3.4 million XRP from 71 investors by promising monthly returns of 1.5-1.8% through fake blogs and YouTube channels.

The authorities have vowed zero-tolerance for crypto-related crimes, urging investors to verify projects before sending funds.

More on Crypto

Crypto just now

Stellar Leadership Discusses Network Growth and Future Plans

Crypto just now

Kalshi Faces $100K Fine Per Bet as NY State Targets Unauthorized Derivatives Trading

Crypto just now

US Sanctions Iran's Bitcoin-Backed Shipping Insurance Scheme

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy