- Bitrue spread the false information on X that Swift took over XRP.
- Bitrue also claimed to keep billions of XRP as liquidity reserves.
The Bitrue cryptoplatt form recently posted incorrect information on its official X account and thus caused confusion in the XRP community. In the post it was wrongly claimed that SWIFT XRP has taken over for global payment transactions and that Bitrue had secured billions of XRP tokens as liquidity reserves. The contribution has now been deleted, but Bitrue has not made an official statement.
You have batterie pic.twitter.com/yoUvnEe02s
— 𝕏ℝℙ 𝔻ℝ𝔼𝔸𝕄
(@ xrp1313) March 21, 2025
There is no confirmation of whether the Bitrue account was hacked or whether the contribution was erroneously published. The users remain curious about the incident because the platform has not officially expressed itself. According to speculation, the contribution was shared again before the validation, since its authenticity could not be confirmed elsewhere after the discovery of double content.
The X-Account of the crypto news source “Watcher.Guru” had posted the same message in front of Bitrue and thus donated similar confusion. It turned out that the account belonged to someone whose security had been injured. This caused the suspicion that Bitrue could simply have posted the wrong information again without checking their origin.
Mixed reactions of the community to the hack claim
The XRP community reacted to the development of the situation with a mixture of unbelief and humor. An analyst of Egrag Crypto Watched a quick post-circulation that went into a deletion before Bitrue published new explanations of the hack. Many users wondered whether the Bitrue account was hacked or managed incorrectly.
#XRP BIG news …. Than 1 minute later all social media accounts have been hacked, recovered, deleted and reposting about the hack. For GODs sake tell me who is ur IT guy, I need to hire him
pic.twitter.com/gvGmBiA8in
— EGRAG CRYPTO (@egragcrypto) March 21, 2025
Despite the confusion, the lack of Bitrue’s explanation made users speculate about the platform’s security practices. The incident intensified the ongoing discussions about security and information exchange. Without clarifying Bitrue, the credibility of the platform could increasingly be questioned.
The whole situation has shown that the review procedures in the spread of crypto messages are in great need of improvement. Consumers demand reliable information from stock exchanges and news sources. The silence of Bitrue is not of a framework, contributes to uncertainty and leaves room for further doubts.
XRP and Swift speculations remain unfounded
Despite the speculation about a possible merger of Ripple and Swift, the companies have not closed an official partnership. Ripple CEO Brad Garlinghouse Has signaled his willingness to pursue business opportunities in previous comments. Nevertheless, neither of the two parties has even indicated an integration of XRP into the Swift system. There is no reason for the speculation that would be understandable because both parties are eliminated through a collaboration. Maybe that’s the occasion.
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