Connect with us

Business

FBI Investigated Extortion Attempt Over Allegedly Negative Ripple Videos – CoinDesk – CoinDesk

Ripple was threatened three years ago when the prices of XRP and bitcoin shot to historic highs.

Published

on

post featured image

Ripple Labs, the digital asset payment service provider tied to XRP, one of the five largest cryptocurrencies, was blackmailed at the height of crypto mania three years ago, CoinDesk has learned.
Documents obtained by CoinDesk through a Freedom of Information Act request show an unidentified individual emailed Ripple on Oct. 19, 2017, demanding 5 million XRP then worth $1.1 million in exchange for withholding videos it claimed portrayed the company in a negative light.
The Federal Bureau of Investigations…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending