PANews reported on January 22 that according to Beincrypto, Chainlink Community Liaison Officer Zach Rynes issued a reminder on the X platform: "This is the latest example of the rampant false information in the XRP community. This time, we found fake KYC accounts from the Philippines impersonating the US Treasury Department and issuing fake tokens on XRPL."
Once the scam post about the U.S. Treasury's XRP wallet was published, it went viral, with multiple popular X accounts forwarding it. The fake wallet allegedly interacted with major institutions such as Bank of America and JPMorgan Chase, but on-chain analysis showed it was located in the Philippines, meaning a non-U.S. account apparently activated the fake Treasury wallet. Rynes said that a trained person could immediately see the red flags in this incident, but "it's hard to know how to solve a social media scam like this."
