Three Arrested After Fake Flare Network XRP Staking Scam Stole $8.6 Million From 71 Victims, With More Losses Feared
South Korean police arrested three suspects over a fake XRP staking platform that tricked 71 investors into losing about US$8.6 million in cryptocurrency. Authorities also froze around US$12.1 million in crypto assets and are searching for another suspect believed to be overseas.
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