Home > NEWS > Delaware authorities reported the authors of fake BlackRock XRP filing to law enforcement

Delaware authorities reported the authors of fake BlackRock XRP filing to law enforcement

The person who registered a "Blackrock" entity for a potential XRP ETF has been reported to the DOJ, according to a spokesperson.

The bogus filing that spurred rumors of a potential spot XRP ETF is now a police matter, according to the Delaware Department of State. 

On Tuesday, someone registered an entity named "iShares XRP Trust" and put the name of Blackrock asset management firm, as well as its managing director Daniel Schwieger, on the file.

The filing, immediately picked up by X users, including ETF experts, cause a brief spike in XRP price; the cryptocurrency grew 12% in 30 minutes before returning back to its previous price. 

The price of XRP spiked briefly based on the fake filing. Image: The Block.

Asked about the bogus filing, director of policy and communications at the Delaware Department of State Rony Baltazar-Lopez told The Block that "the matter has been referred to the Delaware Department of Justice."

source:theblock

by Anna Baydakova
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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