State authorities are considering launching an investigation into the registration of a fake entity called “iShares XRP Trust” by BlackRock. This move comes after Delaware’s Division of Corporations referred the matter to them. The registration, which is believed to be fraudulent, has raised concerns and prompted the need for further scrutiny. It remains to be seen what actions will be taken by the state authorities as they delve into this matter.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinDelaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department