⚠️ Important Alert for XRP Community: Fake "Xaman" Token Warning
The XRP community has received an important alert from Wietse Wind, a prominent developer in the XRP Ledger (XRPL) ecosystem, regarding a fraudulent token named "Xaman." According to Wind, no official Xaman token exists, nor will one ever be created by his team. He emphasized in a recent tweet:
> "There is NO Xaman token! There will not be a Xaman token. We will not get involved in meme coins. This is a FAKE MEME SCAM COIN. Do not engage."
Background on the "Xaman" Token Scam
The Xaman platform, formerly known as Xumm, is a noncustodial XRP Ledger wallet that enables users to interact with the ledger and access third-party tools. However, Wind, the founder of Xaman Wallet, clarified that neither he nor his team are associated with this so-called Xaman token currently trading on the First Ledger platform. He warned users, stressing the token's fraudulent nature.
Reminder to XRP Community: Stay Vigilant
As the XRP Ledger ecosystem grows, scam tokens and fraudulent projects are increasing in frequency. Wind’s warning is a crucial reminder for XRP holders and community members to verify any token's legitimacy through official sources before engaging. This vigilance is especially important with First Ledger’s recent growth in the number of tokens listed on the XRPL. The platform recently set a new record for the number of newly issued tokens per day, surpassing previous highs from 2021.
The XRPL dUNL validator and xrpcafe cofounder, Vet, echoed the call for caution, stating:
> "A ton of impersonators out there. I'll never release a meme coin. I'll never DM you. Stay vigilant."
Key Takeaways:
- No Xaman Token Exists: There is no official Xaman token. Any token claiming to be related to the Xaman wallet is a scam.
- Verify through Official Channels: Always confirm information via trusted sources before engaging with any new tokens.
- Stay Safe from Scams: The growth of XRP Ledger has brought increased risks from fraudulent tokens and projects. Stay informed and cautious to protect your assets.
