The XRP community has been riding high with wave after wave of bullish developments — but with the hype comes the fakes. And the latest rumor? A total fabrication that’s now crumbling under the spotlight.
Here’s the story:
A document started circulating claiming that **Saudi Aramco** — the oil giant — was teaming up with **White Network** to tokenize oil on the **XRP Ledger** in a project dubbed “White Rock Oil Tokenization.”
It *looked* official. It had a signature. It had a name.
But here’s what they didn’t want you to look too closely at 👇
🔍 The name on the doc? “Sheikh Abdullah bin Khalid Al-Falih” — a person who doesn’t exist in any official Saudi government records.
🎭 The *real* official with a similar name is **Khalid Al-Falih**, Saudi Arabia’s Minister of Investment. But he has no known connection to this document — or this project.
🖋️ And the signature? Get this:
It’s been identified as belonging to **Mahtab Keramati** — yes, the *Iranian actress*. Not exactly a Saudi oil executive.
This isn’t just a misunderstanding. It’s a full-on forgery.
Even worse:
🛑 Saudi Aramco has made **no announcement** about any blockchain-based oil tokenization.
🛑 No confirmation from **WhiteRock**.
🛑 And absolutely **no connection to the XRP Ledger** for this so-called project.
Yes, Aramco has shown interest in digital assets through partnerships like the one with Japan’s SBI Group in 2023 — but that had nothing to do with XRP, XRPL, or tokenized oil.
🚫 This fake report tried to hijack the momentum of the XRP ecosystem — but it failed.
Because truth always cuts through the noise.
So let this be a reminder:
🚨 Always fact-check
🚨 Stay sharp in bull cycles
🚨 Don’t fall for the hype machine
💬 Have you seen the fake doc floating around? What was your first red flag?
Drop your take below 👇
And spread the truth before misinformation spreads further.
Crypto is the future — bu
t only if we protect it from the lies.
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