Delaware Justice Department investigates fake BlackRock XRP trust filing

1 min read
Source: Cointelegraph
Delaware Justice Department investigates fake BlackRock XRP trust filing
Photo: Cointelegraph
TL;DR Summary

Delaware's Division of Corporations has referred a fake filing claiming that BlackRock registered an "iShares XRP Trust" to the Delaware Department of Justice. The filing, which briefly caused a 12% surge in XRP's price, used the name of BlackRock managing director Daniel Schwieger, suggesting potential fraud. It remains unclear what action the Delaware Justice Department may take in response to the referral.

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