Fake US Treasury XRP wallet scam exposed through on-chain analysis

Description

The rise of crypto scams highlights vulnerabilities in blockchain ecosystems, with the latest revelation exposing a fraudulent claim that the US Treasury created an XRP wallet. An in-depth on-chain analysis revealed the wallet’s origins in the Philippines, despite its initial portrayal as a legitimate source tied to major institutions like Bank of America and JPMorgan. This incident underscores the dangers of misinformation and the role of social media platforms in amplifying fraud within the cr...