XRP Pumps, Then Dumps on Fake BlackRock Trust Filing

XRP Pumps, Then Dumps on Fake BlackRock Trust Filing



For a brief moment today, XRP holders were in disbelief.

And for good reason. The “BlackRock iShares XRP Trust” filing in Delaware that sent the crypto asset flying 12% in just half an hour was a fake.

Someone did indeed submit the corporate registration in Delaware—but it wasn’t BlackRock, a company spokesperson confirmed to Decrypt.

BlackRock, which did register the name for its iShares Ethereum Trust in Delaware last week, told Decrypt in an email that the XRP filing is false. The fake XRP trust filing was registered with the same address and contact information as BlackRock’s very real ETH filing last week.

When BlackRock confirmed that its Ethereum trust filing last week was real, Etheruem shot past $2,000 for the first time in a couple months.

This story is developing and will be updated.

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