According to BlockBeats, Rony Baltazar-Lopez, head of policy and communications for the Delaware government, said that the forged BlackRock XRP Trust documents have been submitted to the Delaware Department of Justice for processing. Previously, someone registered an entity called "iShares XRP Trust" on the Delaware website and registered the names of BlackRock Asset Management and its managing director Daniel Schwieger. The false documents caused the price of Ripple to rise by more than 10% in the short term, but a BlackRock spokesperson later clarified that the regulatory document was forged and said that BlackRock had no plans to launch an XRP spot ETF.

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