PANews reported on October 5th that as FTX prepares to make its third round of payouts to creditors, totaling $1.65 billion, the official FTX account on the X platform issued a stern warning, alerting creditors and the public to the increasing number of phishing attacks. Scammers are impersonating bankruptcy reorganization administrators Kroll Restructuring Administration and FTX Recovery Trust in sending deceptive emails, claiming users are eligible for payouts ranging from 118% to 142%. They then trick users into clicking on fraudulent links or visiting fake websites to connect their wallets or confirm information. FTX emphasized that it would never email users asking them to connect their wallets or provide personal information in order to claim their funds, and urged creditors to consult only the official website and remain wary of any suspicious emails.PANews reported on October 5th that as FTX prepares to make its third round of payouts to creditors, totaling $1.65 billion, the official FTX account on the X platform issued a stern warning, alerting creditors and the public to the increasing number of phishing attacks. Scammers are impersonating bankruptcy reorganization administrators Kroll Restructuring Administration and FTX Recovery Trust in sending deceptive emails, claiming users are eligible for payouts ranging from 118% to 142%. They then trick users into clicking on fraudulent links or visiting fake websites to connect their wallets or confirm information. FTX emphasized that it would never email users asking them to connect their wallets or provide personal information in order to claim their funds, and urged creditors to consult only the official website and remain wary of any suspicious emails.

FTX warns creditors against phishing emails and scam websites

2025/10/05 20:03

PANews reported on October 5th that as FTX prepares to make its third round of payouts to creditors, totaling $1.65 billion, the official FTX account on the X platform issued a stern warning, alerting creditors and the public to the increasing number of phishing attacks. Scammers are impersonating bankruptcy reorganization administrators Kroll Restructuring Administration and FTX Recovery Trust in sending deceptive emails, claiming users are eligible for payouts ranging from 118% to 142%. They then trick users into clicking on fraudulent links or visiting fake websites to connect their wallets or confirm information. FTX emphasized that it would never email users asking them to connect their wallets or provide personal information in order to claim their funds, and urged creditors to consult only the official website and remain wary of any suspicious emails.

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Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On?

Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On?

The post Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On? appeared on BitcoinEthereumNews.com. This morning, data from Whale Alert showed that 18,744,800 XRP, worth around $55.9 million, were transferred from an unidentified wallet to one of Ripple’s main accounts. The unknown source and direct route to the crypto company of course caught the attention of traders who monitor these flows for insights into how Ripple manages its XRP holdings. Those who closely follow these movements, such as “XRPwallets” account” say the process is familiar. Ripple brings tokens back into its main account before redistributing them into different channels, such as On-Demand Liquidity corridors, exchange-traded products, custodial structures and investment vehicles.  While this makes the transfer less mysterious, the lack of context around the timing leaves room for speculation in the market. Here’s how XRP price reacted As for the trading side, XRP is currently at around $2.99. Support is at $2.93, and resistance is at $3.05. The daily chart shows the price staying within this narrow range, but the hourly charts show quick drops toward $2.95 that are matched by quick rebounds.  For traders, it is pretty simple: if it breaks above $3.05, it could go toward $3.20, but if it weakens back below $2.90, it will probably test the lower range again. XRP/USD by TradingView It not not the most Ripple has done, but the context makes it a big deal. The market is taking more of an interest in how Ripple handles its reserves, on top of the growing interest from institutions and the new talks about possible privacy features in the XRP Ledger.  In that case, a $55 million transfer is less of a regular adjustment. Source: https://u.today/strange-55868599-xrp-transfer-lands-in-ripple-account-whats-going-on
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BitcoinEthereumNews2025/10/06 16:47
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