Fake XRP Staking Scheme Stole $19 Million: Three Suspects Arrested

South Korean police arrested three suspects behind a fake XRP staking scheme that defrauded 71 investors, with criminal proceeds reaching roughly $19 million. The case shows why the country’s intense retail trading culture attracts increasingly sophisticated crypto fraud. How the Fake XRP Staking Scheme Worked Staking involves locking cryptocurrency to secure a network in exchange