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BlackRock contacts police after fake XRP-ETF application BlackRock has filed a complaint with US law enforcement regarding a fake application to launch an ETF based on Ripple's XRP token. CoinDesk reports this. Our only comment is that this case has been referred to the Delaware Department of Justice,” a representative for the firm said in a comment to the publication. According to the jurisdiction's website, there are seven steps required to create a new legal entity by filling out PDF forms online. The attacker apparently found and used the details of BlackRock Managing Director Daniel Schwieger to register the trust. If $XRP was involved in the scam, the police may classify the incident as fraud. Fake news about BlackRock filing documents for the iShares XRP Trust spread on the morning of November 14th. At that moment, the coin’s quotes soared by 15% in 30 minutes, but then returned to previous levels after a refutation. At the time of writing, the asset rate had dropped to $0.6285. Bloomberg stock analyst James Seyffart noted that for some unknown reason, some community members denied that BlackRock's application was fake. #etf #XRP #BlackRock
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