Home / Blog / Ripple Suing YouTube for Enabling Fake XRP Giveaway Scams – April 22

Ripple Suing YouTube for Enabling Fake XRP Giveaway Scams – April 22

Ripple Suing YouTube for Enabling Fake XRP Giveaway Scams – April 22

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$6,979

Bitcoin value has recovered virtually 2%, approaching the $7,000 mark as soon as once more.

Top-20 altcoins have loved a restoration too, as Ethereum positive aspects virtually three%, XRP rises 1.5%, and Stellar and Dash paved the way, with a 6% achieve every.

Top Stories for April 22, 2020 🔥

👉 Ripple Suing YouTube for Enabling Fake XRP Giveaway Scams

Ripple is suing YouTube over faux XRP giveaway scams, claiming that the platform failed to guard its customers from the schemes.

Scammers on YouTube impersonated Ripple executives and lured viewers into collaborating in a faux giveaway, which prompted them to ship XRP to the scammer’s handle.

Ripple declare that enabling the scams harmed the status of each Ripple as an organization, and the executives which have been impersonated.

👉 Tether Printing Reaches $600M USDT in Less Than One Month

Tether prints of its USDT token have topped $600 million within the final month of exercise, following its most up-to-date $120 million print on Tuesday.

Although Tether CTO Paolo Ardoino has Tweeted that the most recent print is for “inventory replenishment”, some proceed to theorize that the printed USDT tokens will not be backed by actual money reserves.

👉 Argentinean Central Bank Trials Blockchain Clearing System

The Central Bank of Argentina is reportedly testing a blockchain-based inter-bank settlement system, designed to clear funds between native banks and different monetary companies.

The platform is a permissioned community primarily based on RSK, and has been developed by IOV labs. Major banks to make use of the community will embody Santander and BBVA.

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