XRP Giveaway Raises Red Flags as Crypto Influencer Rewards From Closed Long
One of such posts by crypto influencer MrCrypto3706 and his recent post about the giveaway of 10 000 XRP which is estimated at about 31 000 dollars per post went viral recently. The influencer said that he had closed a 200,000 XRP long and chose to share profits with his followers. The post prompted people to comment, repost, like and follow the account by commenting that they are done in order to be eligible to win. The announcement immediately attracted a great level of involvement.
Proclaimed XRP Valuation Increases Doubts
The screenshot wallet contained a balance of 10,000 XRP that was displayed in a wallet in the giveaway post. Nevertheless, the valuation reflected a price of XRP of about 3.11 per token, which was not consistent with…




