Month: February 2026

XRP Ledger Activates Token Escrow: Here’s What XLS-85 Unlocks

The XRP Ledger has activated Token Escrow (XLS-85) on mainnet on Feb.12, extending the network’s native escrow mechanics beyond XRP to Trustline-based tokens (IOUs) and Multi-Purpose Tokens (MPTs). The amendment was enabled today with 88% consensus (30/34 validators) and was introduced in rippled v2.5.0 under the XLS-85 specification. Escrow,...
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South Korean police lose Bitcoin seized in 2021 investigation

South Korea’s Gangnam Police Station has confirmed that 22 Bitcoins worth about ₩2.1 billion (roughly USD 1.6 million) were lost from police custody, authorities said on Friday. The disappearance of the crypto assets, seized during an earlier investigation, was discovered…...
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CEO sentenced to 20 years for $200M Bitcoin Ponzi scheme

A U.S. federal court has sentenced the chief executive of a crypto trading and multi-level marketing firm to 20 years in prison for orchestrating a massive Bitcoin-based Ponzi scheme that defrauded tens of thousands of investors worldwide. Bitcoin Ponzi scheme…...
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