Take a fresh look at your lifestyle.

Ripple: Scam for over a million XRP


Xrplorer forensic crypto experts report the theft of a massive amount of Ripple. This would be the result of a scam for more than a million XRP, through a fake Ledger wallet extension in the Google Chrome browser.

Much of the theft of the tokens still remains in the addresses where they were sent. However, cybercriminals have exchanged a part for other currencies through HitBTC.

Fake Ledger Wallet Extension

The fake Ledger wallet extension scammed 1.4 million XRP for a month, which equates to approximately $ 224,000. The extension titled “Ledger Live” was created to steal the private keys of the users of this wallet.

The false extension was promoted in different Google searches, deceiving users. Which activated the extension in their browsers and shared the key of their wallets.

The criminals stored this information in Google Docs and later emptied the users’ wallets, to exchange the tokens through HitBTC. According to Xrplorer, tokens still remain in the transferred addresses.

Although there are applications for “Ledger Live”, the wallet has not promoted an official web extension. Portfolio management is offered only in desktop and mobile versions.

What does Ripple say?

The company has suffered a lot of scam hits lately, according to reports of a fake youtube account from Ripple CEO Brad Garlinghouse.

Following the scam for over a million XRP, the company has suggested that any ad be investigated by checking it on the company’s website and official social media accounts.

“In many cases, the first caveat that a gift advertisement is a scam is that in order to receive the reward, you must first send money and / or provide your personal financial account information. For any real draw, winnings are always free and you never ask for money upfront. ” the company warns.

Additionally, in a response to XRP scams and knockoffs, Ripple has contracted with external cybersecurity and digital intelligence providers to assist in reporting and disjointing efforts.

In addition, they have built their own form for the same users to communicate about these unusual and suspicious activities.

To avoid digital crime, we must always resort to official sources, suspect something that looks very good to be true, and pay attention to emails from people or institutions that we do not know.

Leave A Reply

Your email address will not be published.