Bitrue Hack Sparks XRP Misinformation as SWIFT Adoption Rumor Fades

Mar 21, 2025, 8:48 p.m. 4 sources negative
The official Twitter account of Bitrue, an XRP-friendly crypto exchange, posted false news claiming that SWIFT, the global financial messaging network, had adopted XRP for cross-border payments and secured billions in XRP as liquidity reserves. It later emerged that the account was hacked, leading to the deletion of the bogus post and confirmation of the hack by independent observers. As a result, the XRP token experienced a nearly 2% drop over the past 24 hours. In related crypto news, separate hot stories mention a potential $3 XRP scenario, Bitcoin (BTC) making a significant breakout in 2025, and Ethereum (ETH) surpassing the $2,000 mark. Although BTC and ETH are not directly implicated in the hacked account incident, these additional headlines have the potential to influence market sentiment. The event underscores the vulnerabilities in social media accounts and the dangers of rapid information dissemination, which can trigger quick market reactions despite the news later being debunked.
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