tl;dr
The official Bitrue account shared fake news about SWIFT adopting XRP for cross-border payments and securing billions of XRP tokens as "liquidity reserves." The XRP-friendly cryptocurrency exchange has since deleted the post. It is unclear if the exchange account was compromised. Another account, Wa...
Bitrue's official account shared fake news about SWIFT adopting XRP for cross-border payments and securing billions of XRP tokens as "liquidity reserves." The XRP-friendly cryptocurrency exchange has deleted the bogus post after the account was compromised.
Binance to delist 5 cryptocurrencies; XRP-friendly crypto exchange posts fake news about SWIFT; $3 XRP possible? Bitcoin makes biggest breakout in 2025, Ethereum finally above $2,000; Bitcoin mining secures huge regulatory win in the US. Watcher.Guru posted the same fake news causing a stir in the cryptocurrency community, but it was confirmed that the account had been hacked. Bitrue has not commented on the matter; XRP token price down by nearly 2% over the past 24 hours.
The official Bitrue account shared fake news about SWIFT adopting XRP for cross-border payments and securing billions of XRP tokens as "liquidity reserves." The XRP-friendly cryptocurrency exchange has since deleted the post. It is unclear if the exchange account was compromised. Another account, Watcher.Guru, also posted the same message, but it was confirmed to be hacked. Bitrue has not commented on the matter. The price of the XRP token is down by nearly 2% over the past 24 hours.
The official X account of the crypto trading platform Bitrue has shared fake news about SWIFT, the main messaging network used by financial institutions worldwide, adopting XRP for cross-border payments.
The post also stated that it had secured billions of XRP tokens as "liquidity reserves." The XRP-friendly cryptocurrency exchange has now deleted the bogus post.
Earlier today, the X account Watcher.Guru posted the same message, causing a stir within the cryptocurrency community. However, it was then confirmed that the account had been hacked .
It is possible that whoever was managing Bitrue's account had uncritically reposted the fake news story. Bitrue has not commented on the matter. The price of the XRP token is down by nearly 2% over the past 24 hours.