XRP Scam Involving Fake Token XMN

The XRP community has fallen victim to scammers who exploited compromised social media accounts. Wietse Wind, the creator of the Xaman wallet, warned about a fake token "XMN" that was allegedly set to launch on the XRP Ledger. Wind emphasized that Xaman does not have its own token and has no plans to issue one. The false information was published by a verified account of Arlington ISD, which may have been taken over by cybercriminals. The post used Xaman branding, informing users about the possibility of checking the allocation of XMN tokens and their reception on the XRPL network. Such communications aim to create a sense of urgency and prompt users to take dangerous actions. Wind labeled the post as a scam and reminded that there is no official Xaman token. In the past, the XRP community has been targeted by groups using fake airdrops and fraudulent investment platforms. In South Korea, criminals defrauded 71 individuals of approximately 3.4 million XRP. Wind reiterated that Xaman does not offer a wallet or an official browser extension, and any offers related to XMN are scams. Users should avoid signing transactions they do not understand and report suspicious profiles.

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