Seoul police say the amount of the scam might rise to nearly $20 million. Two alleged scammers were detained and a third remains at-large. A fake Flare Network staking website in South Korea allegedly stole 3.4 million XRP, worth about $8.5 million, from 71 investors in 2025, according to Seoul police. Authorities say the scammers, who used the name of the legitimate Flare blockchain project and promoted it through blogs, news articles, Wikipedia and YouTube, may have taken as much as $19 milli…
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